Once again the Fed’s bite has failed to live up to its bark. Despite months of expectations that it would finally raise rates for the first time since 2006, the Fed continued to sit on its hands while pointing to some unspecified date in the future when all the economic and financial stars will align in a way that makes a 25 basis point increase appropriate. Am I the only one getting bored by the repetition? – Peter Schiff
This is nothing more than a “share” of a good post by “SicilianThing” at 1PP,
for which the unstated aource came thru LewRockwell.com, and which originated at
Follow the source link(s) and we need say nothing more, The warning is Too Real!
Throughout history humans have chosen (or more correctly, allowed) certain others to rule them. Of course we know of Genghis Kahn greatly expanding “his” territory, sacrificing the lives of many others, both of his conquests areas and of “his” own people (who of course did not belong to him). In the end, always these territories somehow became “countries” or “Nations” by the Decree of someone, and always the people within were “citizens” — whether subjects or slaves…. Please read the rest!
Mises Daily: Thursday, June 07, 2012 by Thorsten Polleit??? Today’s worldwide paper-, or “fiat-,” money regime is an economically and socially destructive scheme ? with far-reaching and seriously harmful economic and societal consequences, effects that extend beyond what most people would imagine. Fiat money is inflationary; it benefits a few at the expense of many […]
IMF Governance This article is a compilation of information from the IMF website. I would appreciate all input anyone has relating to the use of American taxpayers’ dollars that ago to the IMF, particularly when the US is essentially bankrupt. Many such articles could be written on each and everything mentioned. I am personally opposed […]
IF America is ever to resume Liberty, the Federal Reserve must go. TheFed being Congress’ Partner in Crime, Congress has retained it for 98 long years now, and ignores all calls to End the Fed. TheFed’s only assets are it’s UNSECURED fiat dollar and Treasury Debt expressed in terms of the same fiat dollar. Thus […]
I received this in an email and found some food for thought. I think others may too. BODY OF EMAIL TEXT The numbers I checked out are okay except I can’t verify the $1 Billion to run the program. I suspect that is way off base. There was an article that said there were 3 […]
Tuesday, September 1, 2009 Refuting “Economic Suicide” Inflation is always and everywhere a monetary phenomenon. These are the words of Milton Friedman in A Monetary History of the United States. The meaning of those words is that no matter what, inflation is a function of the amount of money available. Inflation occurs when more money […]
There Will Be (Hyper)Inflation by Thorsten Polleit. Increasing “Excess Reserves” The demise of fiat-money regimes around the world has become unmistakable. They can only be kept alive by central banks creating ever-greater amounts of base money and governments underwriting commercial banks’ liabilities. The US Federal Reserve, for instance, increased the stock of the monetary base […]