Inflation Hits Money and Lies

April 17th, 2011
Joel S. Hirschhorn How do the powerful keep the US population dumb and distracted? A key tactic has been using methodologies that produce totally misleading underestimates of key economic factors. First we learned that official unemployment figures are… more »

The "Recovery" - - Just Don't Eat, Heat Your Home, or Buy Clothing

February 5th, 2011
By Numerian We still don’t even know if Fed officials actually believe the ridiculous things they say, or whether they are merely acting stupid to hide the fact that they have created a world in which financial prudence is punished, those who save are… more »

"Your proceedings are clouded by illegitimacy" J.K Galbraith to Deficit Commission

September 10th, 2010
Posted by Michael Collins Your proceedings are clouded by illegitimacy. The conclusion to be drawn is that Social Security should in any event be off the agenda of your Commission, as it is a transfer program and not a program of public spending in the… more »

Why Economic Growth in the United States Cannot Happen

August 28th, 2010
By Joaquin posted by Michael Collins So, you cut back on your lifestyle; performed a so un-Greek personal austerity reset but your credit card balance is still creeping up; or perhaps you are slowly burning through your savings; or you are at the end of… more »

Fed begins monetizing the deficit - buying U.S. Treasuries

August 11th, 2010
By Numerian The Federal Reserve, in announcing the results of this week's meeting of the Open Market Committee, surprised the market by revealing it will begin purchasing US Treasury notes and bonds with the principal income it receives from its vast… more »

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