The announcement that the Federal Reserve would be monetizing some $600 billion dollars of U.S. debt was met with joy by some and dismay by others. On both sides of the equation, there were many who felt that the full ...
Read More »Trending Topics: Federal Reserve
What More Dollars In The Economy Means For You
It is official – quantitative easing round two is coming to the economy near you. Often referred as QE2 in the popular press, the point of QE2 is the same as QE1’s open goal of putting more money into the ...
Read More »The Power Grid Will be Unplugged in Three Years or Less
Like a fine wine slowly degenerating into vinegar, the world’s reserve currency is disintegrating into worthless paper—and it’s going to take our power grid down with it. The U.S. dollar is not only the victim of a severe global financial ...
Read More »Understanding the Double-Dip Recession
The mainstream media is rejoicing in the gains the stock market has experienced this year and have joined the government bureaucrats in proclaiming that the economic crisis is largely past us. However, the analysts who accurately predicted the debt crisis ...
Read More »Fed Chairman declares recession over, but is the Greatest Depression just beginning?
We all know that we’re in the midst of the worst economic crisis since the 1930s. However, just recently the Chairman of the Federal Reserve declared the recession to be ‘very likely over.’ I don’t have a crystal ball (and ...
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