Post Tagged with: "central banks"

October 28, 2013 05:35

A Code Red World

Central banks and governments try to induce consumers to spend to help the economy while they take money away from savers who would like to be able to profitably invest. Rather than inducing them to consume more, they are forcing them to spend less in order to make their savings last through their final years!

March 30, 2013 11:52

Cyprus Has Finally Killed Myth That Liberal Government Is Benign

Oh, you’ll read the stories about how many medications aren’t being imported in Greece, sheets are being re-used in hospitals, suicides have skyrocketed, and trash collection is erratic at best, but these articles are few and far between. The dire conditions and the depopulation of Ireland and Latvia get even less press.

September 6, 2012 09:08

Ten Major Economic Headwinds – besides Obama

Central bankers and economists are so wrapped up in warped mathematical formulas they fail to understand the obvious. The answer, which they refuse to accept, or even consider as a possibility, is that central bankers and the monetary system itself are the problem.

August 10, 2012 04:28

11 Things That Can Happen When You Allow Your Country To Become Enslaved To The Bankers

Borrowing money from the bankers can allow a nation to have a higher standard of living in the short-term, but it always results in a lower standard of living in the long-term. Why is that?

June 29, 2012 09:09

EU adopts plan to take over sovereign nations’ budgets – welcome to the EUSSR

Eurozone leaders backed a ten year plan that would give an EU treasury powers over national budgets. The plan uses vague leftist socialist code words that could be interpreted to justify just about any decisions made.

December 2, 2011 07:19

Obama floods Europe with US dollars to stave off collapse until after 2012

Inflation will destroy US savings and purchasing power but the Fed and Obama have decided that is an ok price to pay to bail out Europeans. Obama is desperate to keep the economy from tanking any further before the 2012 election.

December 1, 2011 12:02

Yesterday’s Stock Market Rally Courtesy of Government Ponzi

The actions of the Central Banks signal how desperate the situation is. Nothing was done to help Greece, Spain or the other insolvent European sovereigns. Yesterday was an attempt to keep the dysfunctional world financial system going awhile longer.

December 6, 2010 05:31

Who runs America?

“To preserve our independence, we must not let our rulers load us with perpetual debt. If we run into such debts, we (will then) be taxed in our meat and our drink, in our necessities and in our comforts, in our labor and in our amusements. If we can prevent the government from wasting the labor of the people under the pretense of caring for them, they (will) be happy.” -Jefferson

October 28, 2010 04:43

Mad Fed Should Beware Unquantifiable Outcomes

The guardians of the world economy still seem to think the answer to too much debt is yet more debt. Imagine the response, though, if you had asked any of the current crop of central bankers five years ago about the inflationary consequences of pumping trillions of dollars into the financial system.

September 23, 2010 04:39

Central Banks Struggle for Exit as Recovery Weakens

The recovery from the worst global downturn since World War II is proving weaker than projected, the Organization for Economic Cooperation and Development said this month.