Tags » The Fed

ECB Head Calls for More Inflation in Europe

In the “Stupid is as Stupid does” category, the European Central Bank President, Mario Draghi, says that Inflation is too low in Europe. He says it’s critical that the ECB act quickly and decisively to raise Inflation. 62 more words

Monetary Policy

Prices and the Standard of Living

   By Bob Shapiro

Prices go up, and prices go down.

Winter clothes are in big demand this time of year (as we approach Thanksgiving), so you’ll pay top dollar. 858 more words

GDP & Employment

The Fed's "Baffle 'Em With Bullshit" Strategy In 1 Simple Chart

Source: zerohedge

Despite the promise of increased transparency, if you felt that deciphering Fed policy (other than uber-dovish, lower-for-longer, willing-to-wait, BTFD) became more and more confusing as the last few years progressed, you would not be alone. 80 more words

Propaganda, Fraud, And Outright Lies

There Will Be Blood——How The Fed Has Flooded The Shale Patch With Junk Debt

Source: David Stockmans-Contra Corner, by Wolf Richter

It is possible that a miracle intervenes and that the price of oil bounces off and zooms skyward. 487 more words


Return to a Sound Money in the US

   By Bob Shapiro

Germany, after World War I, was forced to pay war reparations that it couldn’t afford. In 1921, it paid 2 Billion gold marks, but in 1922 it couldn’t make the payment, but was allowed to pay “in kind” in coal, steel, etc. 506 more words

Monetary Policy

Switzerland: Vote Yes On Gold Initiative

   By Alex Merk

(Re-Blogged from Gold-Eagle.com)

As the US FED, the Eurozone Central Bank, the Japanese Central Bank, and others print more and more dollars, euros, yen, etc, in an effort to “stimulate” their local economies, through “Beggar-Thy-Neighbor” tactics, the Swiss people have a grand opportunity to halt such monetary insanity in their country. 313 more words

GDP & Employment

I couldn't have said it better myself

From ZeroHedge.com:

The Problem With Letting Academics Run The Economy“:

There is a common adage that “book learning” is not the same as “street smarts.” In the case of economics PhDs like Janet Yellen, we could adapt this to say that “theory” is not the same as “reality.”

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Stupid People