“None of this is going to work. These are all gimmicks. …the fed is rearranging the deck chairs on the Titanic of an economy…. it is that old definition of insanity to just repeat things over and over and over again and expect a different result. We’re not going to get a different result we’re going to have the same result. If we want a different result we’ve got to change the strategy. But unfortunately there is no political will to change the strategy.” – Peter Schiff
Post Tagged with: "monetary policy"
April 5, 2011 07:06
The FED’s Core Incompetency and Inflation
It’s time for the Fed to stop hiding behind flimsy statistical juggling and to start protecting the value of our dollar, which unfortunately is in free fall no matter what statistics one chooses to use.
January 3, 2011 10:39
Five Things We Should Worry about in 2011
The mid-term elections were a rejection of President Obama’s big-government agenda, but those results don’t necessarily mean better policy. We should not forget, after all, that Democrats rammed through Obamacare even after losing the special election to replace Ted Kennedy in Massachusetts.
October 19, 2010 04:57
Geithner Weak Dollar Seen as U.S. Recovery Route Versus BRICs
For U.S. Treasury Secretary Timothy F. Geithner, a weaker dollar may now be in the national interest.
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.
