By: Mike Jacobs
Seems Big Ben must have missed out on a few economic classes. Lesson 1 was that when you flood the market with quantative easing (a.k.a. printing presses) you deflate the value of currency. If he was...
View ArticleBy: Patrick Henry
Took the maximum loan out on my 401k three years ago, yes I pay it back monthly at 4% (to myself) but the bullion I bought has increase 47%, my remaining money in the 401 has gained a whooping 3%. Do...
View ArticleBy: Big Dick
Have you ever looked at the letter Q. To me it looks like a baloon with two needles pushed into its bottom, or possibly two air line inserted tubes. In either case we now have a Q 3 that will have the...
View ArticleBy: Edward
No, we obviously have not. The government is again pressuring banks to make NINJA and Liar loans for mortgages.
View ArticleBy: Alvin
Typical Liberal TOILET BOWL economics. Just make money out of thin air and give to your friends and supporters. Anyone under 50 will never see a dime of their pension whether it be social security,...
View ArticleBy: Paul
This is the most frightening article I’ve ever read on the ECB. While reading this I just kept thinking “what is China going to think about this,” and then you said the same thing. I’m seriously...
View ArticleBy: Barn cat
The beatings will continue until morale improves. That’s the mentality here.
View ArticleBy: jeff
Greetings from the Isle of Man British Isles. Business is dead here, shops empty, finance sector still quite strong due to Gov pumping money into banks, a few pawnbrokers and cash for gold shops doing...
View ArticleBy: Barn cat
The Fed is already monetizing the debt. It creates whatever money the government can’t borrow at artificially low interest rates. That’s ongoing. It’s not going to end. In a way, it’s already stealth...
View ArticleBy: Barn cat
And remember: if you leave your wheel barrow full of money outside they’ll dump the money and steal the wheel barrow.
View ArticleBy: Michael
Paul: I don’t think people should be emptying their bank accounts over this, but it would be wise to start adjusting our priorities and our future financial planning. Michael
View ArticleBy: Chris
When this is all over i fear the standard of living of the average American will be the same as the average Chinese/Indian or worse. This was presumeably the goal of globalisation aka international...
View ArticleBy: DownWithLibs
And be careful how you remove it so you don’t end up on some “watch list”. Seriously, know the rules.
View ArticleBy: DownWithLibs
Sorry to hear that it is bad there, too. I guess we are all in deep! And now deeper thanks to the Fed.
View ArticleBy: Michael
Steve: I think you are making a very good point. This low interest rate policy is having a huge impact on Social Security. Michael
View ArticleBy: RMM
Yes, it will. Period. Think about it. Nothing lasts forever, especially a system that doesn’t work.
View ArticleBy: Washington
Troika in Greece postpones decision 14 Sep 2012 http://www.athensnews.gr/portal/11/58193
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