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Money for Nothin’
To pick up where we left off on Friday, the Fed’s Ben Bernanke announced at its annual Jackson Hole gig that more stimulus money was probably on the way. His reasoning was that the economic...
- Posted 261 days ago
Someone Else’s Economy
To comment on this or any other article, go to Facebook, Twitter, or our Youtube channel. I was talking to a small business owner over the weekend—you know—and I reminded him not to feel too...
- Posted 305 days ago
China, Gold, and the Dollar, Part 4: The Uses and Impacts of Inflation
Part 3 of the interview series ended with Craig R. Smith stating that hyperinflation is the US is a certainty. Part 4 in the series is below. James R. Gorrie, Managing Editor, Absolute Wealth Craig: I really...
- Posted 314 days ago
China, Gold, and the Dollar, Part 3: The Other American Recession
Part 2 of the interview series ended with Craig R. Smith suggesting that China is deliberately diversifying its economy to reduce American leverage over them. Part 3 in the series is below. James R. Gorrie, Managing...
- Posted 321 days ago
Nightfall in Obamerica
Yesterday, I talked about how capital spending remains low while corporate America sits on over $1.7 trillion in cash. I also pointed out that all that cash is earning absolutely nothing after inflation is accounted...
- Posted 324 days ago
Throwing Mama from the Train
“When a government is dependent upon bankers for money they, and not the leaders of the government, control the situation, since the hand that gives is superior to the hand that takes." Napoleon Bonaparte These days, whenever...
- Posted 332 days ago
Halfway Through “The Last Year”
Well, it’s a Friday and a good excuse as any to look back at the week and see what happened and why… Could the economic news get any more interesting? Could there be even more...
- Posted 335 days ago