Showing posts with label money supply. Show all posts
Showing posts with label money supply. Show all posts
VIDEO: Robert P. Murphy - Econ Moment QE3
Information is power. This is an important video that all citizens need to watch.
A. Randazzo: How Quantitative Easing Helps The Rich
And soaks the rest of us. The decision is in: Unlimited quantitative easing. That was the announcement from the Federal Open Market Committee this afternoon, launching a third round of purchases of securities in a bid to boost the economy and reduce unemployment. This time, Federal Reserve Chairman Ben Bernanke and crew are ... MOREJoseph Svetlic: Gasoline Prices And Dollar Prices
The real price of gasoline is going down. It's not that gasoline is more expensive; it's just that your dollars are worth less. But neither the media nor the political establishment wants you to realize the real reason Americans are experiencing pain at the pump. Surging gasoline prices are back in the news, and President Obama shows his concern for Americans ... MORECharles Kadlec: FED Seeks To Devalue The Dollar By 33%
Purchasing power of dollar headed downward. The Federal Reserve Open Market Committee (FOMC) has made it official: After its latest two day meeting, it announced its goal to devalue the dollar by 33% over the next 20 years. The debauch of the dollar will be even greater if the Fed exceeds its goal of a 2 percent per year increase in the price level. ... MORECash-Flooded Banks To Impose Fees On Depositors
Interest-earning days will soon be forgotten. This story did not break on some freakishly obscene Halloween website, but last week, CNBC ran the story that banks are now flooded with cash and that depositors are being charged fees just to slow the flood of money into the bank (article here). This means that negative interest rates appear to have arrived. Savers will ... MORE
Michael Pento: The Cause And Evidence Of Inflation
The charts tell the tale. My 1988 edition of Webster's Dictionary defines inflation as follows: "An increase in the volume of money and credit relative to available goods, resulting in a substantial and continuing rise in the general price level." These differences are not academic and go a long way toward explaining why economists argue so vociferously. In a heated debate on the ... MOREThomas Sowell: Fed Up With The Fed?
When people in Washington start creating fancy new phrases, instead of using plain English, you know they are doing something they don't want us to understand. It was an act of war when we started bombing Libya. But the administration chose to call it "kinetic military action." When the Federal Reserve System started creating hundreds of billions of dollars out of thin air, they called it ... MORE
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