Post Tagged with: "QEIII"

December 10, 2013 08:14

Government’s Giant Ponzi Scheme – You’re the Sucker

Government has evolved into a Ponzi scheme dependent on two strategies. The first is spending ever more of other people’s money on themselves and toward their re-elections. The second is pretending what they do has no cost — to the productive, to the economy, etc.

October 22, 2012 06:01

Is the Fed in Control? If So, Control of What?

Bernanke says he is not out of options, so Lord only knows what he may try. .. Simply put, the Fed is without options that will do any good for the economy.

October 17, 2012 06:57

Polite Pessimism Is Not Warranted

There is no escape from the box that we are in. Printing money does nothing to heal imbalance in economies. It, up to a point, covers up these imbalances while continuing to make them worse.

September 27, 2012 08:04

Gas prices, money printing and politics

The likely eventual consequence of this unlimited money printing operation – Dollar debase and the artificial price inflation of almost everything from commodities (including Oil and Gasoline) to stocks, and consumers end up paying the price.