ON AIR NOW
Click to Play
Bitcoin Cash: $ USD
There was no intent to help homeowners. There was no intent for rates to go down. In point of fact the entire purpose behind QE2 was to try to let banks skim off the spread on their "transactions" to The Fed, therefore providing them a huge...
This is the second in a series of video cartoons on Ben Bernanke and the greatest robbery in US history. Enjoy.
The remarkable confluence of recent events has brought unprecedented but very welcome attention to both U.S. monetary policy and the global political economy in general. First, Federal Reserve Board Chairman Ben Bernanke recently announced
Enjoy!
Jesse goes inside the secret billionaire’s boy’s club to find out what caused the financial meltdown and how the group allegedly continues to manipulate and control the stock market and oil, gold and silver prices. From Wall Street to Washington, the
”“Did [Bernanke] see the crisis? Did he see the accumulation of hidden risk in the system? No. He was flying the plane and he crashed the plane…"
If the gamble fails? There we can envision an enormous devaluation event for the US dollar and the Fed having to choose between defending the dollar (via rising interest rates) or preventing the federal government from a fiscal emergency...
If you've ever bought a house or arranged for refinancing pre-2003, you know it's a serious process with lots of people in the room including buyers, sellers, lawyers, real estate agents, mortgage brokers, title company agents and whoever else needs
Federal Reserve Chairman, Ben Bernanke, is stealing your money. He's stealing money from a lot of other countries also--which is why so much of the world is unhappy...
If that means flooding the world with dollars and destroying its value so be it. Anything so that the perpetrators of the greatest financial crime in world history do not get caught and brought to justice.
According to a pre-election Bloomberg poll, 60 percent of likely voters who self-identified as Tea Party members said they want to see the Federal Reserve either reined in or abolished.
As far as most of the leaders converging in Seoul for the G-20 are concerned, however, Bernanke is playing an old-fashioned game of voodoo economics, and they see the Fed's sudden move as carefully timed to undercut arguments for other G-20...
In this interview Yves Smith covers QE2 and Wall Streets reaction to it.
We're losing the race, and we're now becoming the banana republic [of] finance, printing -- the Fed, these mad men who are out of control at the Fed are printing new money equal to 100% of the debt that we're issuing each month. This will not end wel
Last week we reported on a note from Steven Englander, who predicted that central bank reserve managers would begin dumping dollars in the coming weeks, based on a key set of criteria. Today he confirms that the criteria have been met:
In a rather-stunning admission on Jekyll Island last weekend, Alan Greenspan "outed" what really happened.
"For the next eight months, the nation’s central bank will be monetizing the federal debt." It gets worse: even though Fisher realizes that what he is doing is unconstitutional, he also admits that the Fed's actions are now is effectively a policy...
The dollar's position as a reserve currency is now "absurd": namely that more and more in the world are starting to look at the CNY as the new reserve currency.
The Federal Reserve recently announced that it would be repeating their previous con-game trick called “Quantitative Easing” that they say is designed to save the American economy. “Quantitive Easing” is a process by which the Federal Reserve and the
Look, if we abolish the Federal Reserve, what will the federal government base our money on? It's a pretty open secret that the Treasury doesn't have enough gold (or silver, or even copper) to back up our existing money. Well, consider: the
Read Letter
Oil prices reached two-year high points on Monday before profit-taking pushed them down, while attention was on Nigeria after an oil rig was attacked off the coast of the energy exporting nation.
We need to print trillions of dollars from nothing.
Ron Paul takes a 'John Lennon' approach to the problem, believing that active intervention may not even be needed, as the Fed ends up cannibalizing itself: "I think the Fed will self-destruct. People will desert the dollar.
While we have no way to confirm or refute the validity of this statement presented by a supposed ATM business insider on Steve Quayle.com, it does bring up an interesting point regarding how banks may be conserving "petty cash."
This is the monetary equivalent of a nuclear war, except instead of radiation, bombs of inflation threaten to make the world economy uninhabitable for saving and productive enterprise.
That a program called quantitative easing represents anything more than a national check-kiting scheme ramping up so many zeros that the goddess of infinity herself would run shrieking from the scene in embarrassment.
The Federal Reserve's plan to boost economic growth with $600 billion in bond purchases is a mistake that will trigger inflation, a leading Republican in the House of Representatives said.Representative Paul Ryan, expected to become chairman of the H
Hopefully It Is What Most Of Us Think It Is [Corrected version] Quantitative Easing: Elixir or Poison? It depends from what side of the fence you are looking from. There is a lot of economic principles to traverse – and this space does not al
Read Letter
Should rampant liquidity end up pushing food and energy prices to double (something that is a distinct possibility currently), Ben Bernanke may have very well sentenced about 60 million Americans to a hungry and very cold winter...
The toil of generations of Americans will soon be a blood sacrifice to the unbridled greed of our would be masters...
