Posted on 22 May 2012. Tags: inflation, Interest Rates
As mentioned in my previous post, “Effects of Low Interest Rates Part 1,” the easy monetary policies created by central banks and governments is what fuels economic booms and their consequent busts. Keynesian government intervention skews the business cycle: the creation of credit expansion undoubtedly provides growth, but this growth is now part of an […]
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Posted in Gold and Silver, Housing Bubble, US Dollar Collapse
Posted on 09 May 2012. Tags: BRIC, Petrodollar
The rise of the United States economy in the 70’s and 80’s was mainly due to Nixon’s abolished the gold standard. This event was historic as it allowed the green back to be . Although, as in history, allowing a currency to freely float in thin air will eventually cause inflation from easy monetary policies […]
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Posted in US Dollar Collapse