Lying About Inflation While Food Prices Skyrocket
In a recent survey, the Food and Agriculture Organization said its index which monitors monthly price changes for a variety of staples averaged 231 points in January — the highest level since records began in 1990. This was in 2011. How can this be ignored by so many? The government has decided food prices are too volatile to be considered in how we measure inflation… (Continue to full article)
How Free Lunches Break the Bank
Whenever something becomes an “entitlement” which happens when the government makes it a mandatory subsidy, the drain on the treasury and the productive members of society begins. First the government announces , “Everyone should be entitled to health care, housing, a safety net, free school lunches, a good education, a job, protection from viruses, a new hat and a care free retirement, clean air and water, etc” And the second announcement is, “We the government are going to provide for you”… (Continue to full article)
The Shovel and Hole Maneuver For Hiding Gold, Guns and Other Assets
At one time, securing your assets at your local bank branch seemed like a good idea. But we can no longer consider traditional safe deposit boxes as safe… (Continue to full article)
How I Became a Gold-Bug
I went home with my gold coins, and promptly put them in my father’s safe, to which he gave me the combination. They were really the only thing of value in the safe, and from time to time, I used to open the safe to examine the beautiful gold coins… (Continue to full article)
Cash Is Not the Enemy; Central Banks Are
Central bankers know getting rid of cash “would make it easier for central banks to invoke negative interest rates either when inflation is stuck at very low levels or, far more significantly, when the economy is in deep recession and requires substantially negative real interest rates to help stimulate demand.”… (Continue to full article)
Washington’s Endgame: First Your Guns, Then Your Cash?
TIf we don’t allow people to save money in the form of cash, it will filter through the economy, creating a recurring boost. If people want to save, they need to pay what is the equivalence of a tax on those savings to boost federal coffers. Hundreds, fifties, and twenties will become worthless under this plan… (Continue to full article)
US Housing Market Bubble II – It’s Happening Again!
Since everything in the blogosphere goes by what is officially declared by who, so forth, and so on, ditto, ditto, etc, etc, we are officially declaring there is yet ANOTHER bubble – this one in housing. Again… (Continue to full article)
How the ‘Losers’ in America’s Trade Policies Got Left Behind
The U.S. has not figured out how to help people whose jobs were outsourced overseas. Can the problem be solved?… (Continue to full article)
A Tale of Two Gold Standards
The problem in the US and England was not the gold standard, or a flaw in “the theory of the gold standard,” but ill-conceived legal restrictions that weakened the banking systems… (Continue to full article)
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