Peter Schiff on the gold ‘bubble’, Treasury Secretary, inflation, and the administrations catastrophic financial plans.
Post Tagged with: "inflation"
September 8, 2010 05:05
Peter Schiff on the dollar, spending, and a confused Krugman
Schiff Report video blog Sept 7th 2010 explains the dollar, gold, stimulus spending and looming inflation.
August 26, 2010 18:34
A fool’s paradise
What is monetary insanity? It is akin to going down a remote and narrow country lane and expecting a super highway around each and every corner. The US Federal Reserve pursued a highly expansionary monetary policy during 2001-2005, lowering money market rates to 1% with rapid liquidity injection.
August 17, 2010 06:28
Bank of England Governor warns that Britons face higher inflation for longer
Inflation’s persistently high level has already prompted Andrew Sentance, one of the nine people who decide the cost of borrowing at the Bank, to start voting for higher interest rates. The minutes of the Bank’s latest meeting are due tomorrow and traders will be keen to see if anyone has joined Mr Sentance.
August 14, 2010 07:18
Fed’s Hoenig: Keeping Rates Too Low ‘Dangerous Gamble’
The Federal Reserve is undertaking a “dangerous gamble” by keeping rates at near zero for so long, and must start raising rates or risk damaging the nascent U.S. recovery, a top Federal Reserve official said on Friday.
August 13, 2010 03:32
An Argentina-like Economic Crisis
The political class’s survival is at stake. Eventually, anything that extends their rule will be tried. It is not concern for you or the economy that is driving policy, but the preservation of power of an increasingly wounded power elite. Their survival is now driving policy. Unfortunately, what benefits them is generally harmful for the economy.
August 6, 2010 03:57
The Death of the Dollar
Nothing can save our financial system in the long run. It is doomed to collapse. This is inevitable, because our government controls and manages its very foundation — the dollar.
August 3, 2010 04:26
Inflation: The Last Gasp of the Obama Economic Crisis
Inflation is the inevitable ending of this awful economic crisis. The only questions are how much and when.
July 26, 2010 03:57
The Rising Threat of Deflation
The United States and Europe are heading toward–and Japan already suffers from–deflation, a classic prolonger of crises that boosts the real burden of debt and crushes profit margins.
July 24, 2010 07:55
Three-Quarters of Congressmen Support Auditing the Federal Reserve, so Why Isn’t It Law?
The legislative system has become so convoluted and corrupted that not even the legislators know what is in the bills, where the bills are being written, or what bills are pending. Given the current system, it should come as no surprise that a bill which would allow the Congress to audit the Federal Reserve should be stalled in a committee and will soon die.
