"In other words, you cannot accurately forecast a recession or financial panic by looking at either the announcement or the completion of the world’s tallest building"
So The Economist apparently does not think too "highly" of my skyscraper theory
Jeff Deist and Paul-Martin Foss discuss we should end the Fed.
Europeans have long been fearful of the prospects of price deflation, but now that it has arrived they have embraced it.
The Fed has been messing with interest rates for a century and suddenly they have forgotten how to raise interest rates?
Joseph Salerno Interviewed on Gold Standard, Fiat Money...
Money creation does not benefit equally. It creates a class of winners (those who get new money first) at the expense of losers (those who get new money later). Not surprisingly, an inflationary money supply increases the wealth and income gap in society.
Jeff Deist and Jay Taylor discuss markets, business cycle theory, and the Fed's latest bubble.
Janet Yellen testified before Congress this week, but the Senate Republicans, who claim to be the guardians of monetary sanity, failed to show any true understanding of monetary policy and the damage the Fed has inflicted.
