America’s economic myths exposed

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Mainstream economists have filled the minds of most Americans with economic myths that are constantly reinforced by the media and repeated on the streets. These myths are erroneous at best, sometimes based on half truths. Many of them are just false. We hear and read them every day: “inflation” is caused by rising oil prices; [...]

How Many Times Can the Fed Play this Hand?

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It seems like every time the Federal Reserve meets stocks rally and the dollar gets hammered. But, I wonder… how much longer can this game go on? There are signs – it appears that quantitative easing is having less and less levitating impact on markets and that those effects last for a shorter time. How [...]

Here we go again, European edition!

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 Europe Is Starting to Go Down the Tubes Again Europe has been embroiled in a sovereign debt crisis for more than two years now. We have read and heard about countless “fixes” to Europe’s problems during that time. But after simple analyzes it becomes apparent that all the solutions do not solve the underlying problem. [...]

Bernanke goes before Congress–what that means for stocks

Stock market bulls consistently cite one force for their positive outlook. Federal Reserve policy. They say… “Forget the fact the global economy is slumping from Europe to Asia” … “Forget the fact the U.S. economy is slumping fast” … “Forget the fact earnings stink!” and … “Forget the fact the euro currency keeps falling to [...]

Economic Collapse – A Cautionary Tale

A Fundamental Disconnect There is a disconnect between the two enablers of the Washington D.C. oligarchy. One of these enablers is the Federal Reserve Bank, which recently published their latest Beige Book. The “Summary of Commentary on Current Economic Conditions by Federal Reserve District” is published eight times a year. One would assume that the [...]