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He called the current monetary system a “collectivist top-down tyranny . . . The clever and the nimble play this system for what it is worth.” Gold he referred to as “the people’s money” and the dollar as “America's credit card.”
But there is another kind of blowback brewing in the U.S.: the negative consequences of massive covert manipulation of the domestic economy by the Federal Reserve and agencies of the Federal government. A key feature of propaganda...
I recently visited my local Bank of America branch to speak with a so-called personal banker about something. After the matter at hand was taken care of, the following conversation took place:
When people in Washington start creating fancy new phrases, instead of using plain English, you know they are doing something they don't want us to understand.
As many of you know, Bernard Von Nothaus of NORFED was recently convicted and sentenced to 15 years in Federal Prison for essentially counterfeiting Silver and Gold coins, they call Liberty Dollars. How you can counterfeit coins, when they used 99.9%
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[Slightly edited for honesty and Accuracy ED] Ben S. Bernanke, the Federal Reserve chairman, faces a crisis of confidence. He is excoriated on the right for debasing the currency, and blasted on the left for failing to stimulate more than he has. It
There was a rally in 2008 when the dollar attracted “safe haven” flows during the financial crisis, but that now looks like a blip in a 40-year decline.
The dollar managed to stage another faux-rally to the just above abysmal level of 73.30... for about 3 hours. At last check, the dollar is plunging and everything else is once again surging, meaning all those hoping for some miraculous...
There are two possibilities: Either the market is sussing out extremely serious upcoming events that are on the same scale as the collapse of 2008 or The Fed is about to lose control of the interest rate curve.
Part of the success that the Federal Reserve has achieved with boosting up large banks stems from its secretive ability to forge shadow bailouts of residential and commercial real estate loans.
Fed Transparency a Bigger Issue than Birth Certificates
After some patriotic sentiment modestly pushed the dollar to just above humiliation levels, the DXY is right back to lowest level since July 2008. We still have about 150 pips to go until the all time low of 71.3521 from April 22, 2008 is taken out.
The difference between blatant propaganda and "managing perceptions" is... well, there isn't any. The Fed and Federal machinery are both engaged in a massive propaganda campaign to obscure the gargantuan risks implicit in their various...
The policies, decisions, beliefs, and institutions implemented over decades have led the country to the threshold of financial disaster. Based on my observations, a catastrophic combination of demographics, fiat currency debasement...
The Broad Trade-Weighted Dollar Index, which was created by the Federal Reserve, differs from the more popular “Dollar Index” because it includes a larger group of currencies and is weighted based on foreign trade.
Oh my God. I think he’s trying to say that foreclosures breed foreclosures. That’s a clever phrase… now, where have I heard that before? And isn’t that an absolutely stunning revelation from the Chairman of the Federal Reserve?
It is, in fact, as we have always expected: QE not only does not result in relative economic high performance, it simply leads to higher inflation, and subdued economic growth. And the Chairman of the Federal Reserve was not aware of this data?
No. My take on this is that we entered what I call the "Greater Depression" in 2007. And now, because the government has printed up trillions of dollars in the last couple of years, we're in the eye of the hurricane.
Paul Craig Roberts: In other words, the US, the great Super Power over-filled with hubris, has outdone the fiscal irresponsibility of third-world banana republics. Superpower America is financing itself by printing money.
This past Saturday, April 23rd, a couple hundred liberty activists met at the Federal Reserve of Philadelphia to protest, listen to speakers, jam out to music by Jordan Page, “turn our backs” on the Fed, and march to City Hall and back past it while
This afternoon Ben Bernanke basically told us that the dollar was a zero. And what happened after that? Well, you judge:
Federal Reserve Chairman Ben Bernanke signaled on Wednesday that the U.S. central bank is in no rush to scale back its support for the economy with the labor market still in a "very, very deep hole."
There are only two choices to stop the dollar from the waterfall decline you and I have been talking about and expecting. Either the Fed raises interest rates, or politicians stop spending and it doesn't look like either one of those is about to...
At the current rate of collapse, in a few more days the dollar will take out all time lows. Currently holding at 73, after hitting 72.8 overnight, the DXY appears set to test the last support from when the dollar carry trade was all the rage...
One typically doesn’t like to see the empire in which one lives crumble into lesser states, as that is usually accompanied by a flagging quality of life and social unrest. Though there is bupkis that I, or any of us, can actually do at this point...
(Publisher: The.... stress/warbling in his voice was very noticeable. Nervous tension can be attributed to many things on camera but it made me more,... concerned about the validity of his words)
Host:
Ernest Hancock
Ellen Brown - State Owned Banks / Christopher G. Fichtner, M.D. - "Cannabinomics" - The Marijuana Policy Tipping Point
What happens when a “rogue” country threatens to bring the banking system that benefits the corporatocracy to its knees? What happens to an “empire” when it can no longer effectively be overtly imperialistic?
With a subtle wave of his baton, the aspiring Maestro may have started the music for another round of Federal Reserve monetary easing.
Nothing like listening to an egghead tell us how things are in the real world! Summary: In the short period of time that I listened to the Chairman speak, the items below are what I took from it. For anyone who is involved in the real world and re
