Posted on 13 February 2013. Tags: Bond Vigilantes, Central Banks, China, FACTA, FED, Gold Reserves, IMF, QE, SDR, Too Big To Fail, Trade Deficit, US Debt Crisis
We all know that the US dollar is losing value through inflation every year; in fact, the dollar has lost over 97% of its purchasing power over the last century. When “real money” (i.e. backed up with intrinsic value) was used, a cup of coffee in the 1920s costed about a few cents. In a […]
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Posted in Featured, US Dollar Collapse
Posted on 08 January 2013. Tags: Federal Reserve, Low Interest Rates, QE, US Debt Crisis
The minutes of the latest Fed meeting show that their quantitative easing programs may terminate sometime in 2013. Yeah right! There are two ways to interpret this lofty and fanciful goal: either the Fed has no idea about how an economy works, or that the Fed understands very well the catastrophe into which it is leading […]
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Posted in Economic Crisis