Director | November 12, 2010
Federal Reserve Bank Chairman Bernanke’s quantitative easing (purchase of Treasury bonds) inflates money supply, threatens devaluation of dollar, supports Democrats’ overspending, skews normal distribution of interest rates. Future Fed Treasury purchases threaten to plunge the world into permanent currency war. The permanent crisis props up corrupt socialist governments in Europe and the United States, giving […]
Director | October 4, 2010
While the markets are rising, we want to prepare you for a new outlook. It is possible, even probable, that economic growth statistics will point to “recovery” and keep the markets up. Many economies around the world have been growing. If you have been in a “recession” mindset for the last couple of years, now […]
Director | September 18, 2010
We’ve been preoccupied with explaining how to reclaim your identity and find your warrior by escaping from liberal mind control, but here are a few old stories of interest that we gathered during the past few weeks. These stories are stale by now, but you can use them as a test to make sure you […]
Director | August 13, 2010
“There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.” Ludwig von Mises Today […]
Director | July 29, 2010
We’re just musing today over economic events of the last couple of weeks. There is some good economic news. European banks mostly passed their stress tests, so Europe is feeling more confident in its short-term credit flows. The euro is bouncing up against the dollar. Many big corporations reported high profits, so the stock market […]
Director | July 11, 2010
The Afghanistan scandal: Nita Lowey (D) figures out that the war in Afghanistan is corrupt, proposes withholding funding. Nancy Pelosi also figures it out: “I was just there for Mother’s Day, in Afghanistan, that weekend, and traveled into the country even more remotely than Kandahar,” Pelosi said in an interview in her office. “And the […]
Director | June 15, 2010
First, some good news. Geert Wilders’ New Right PPV party wins 24 seats in Netherlands election. The New Right is taking shape in Europe. But very slowly. Not fast enough to make a difference. Taleb warns of debt “spreading like cancer.” Debt default is the big cloud hanging over the markets and the world economy. […]
