Tag Archives: Central Banking

Alan Greenspan: “The Economy Sucks. Buy Gold.”

Alan “the Maestro” Greenspan is the former chairman of the Federal Reserve. He was also one of the foremost architects of the 2008 recession. Greenspan is severely at fault for the massive housing bubble of the early 2000s, which he has yet to willingly accept any blame for. But perhaps he is finally facing the […]

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Europe, Breaking Keynesian Rules: Deflation But No Recession?

On the Wall Street Journal, we read: The European Central Bank has the option of engaging in large-scale asset purchases, known as quantitative easing, but such a policy is not needed at present after the bank unveiled extraordinary measures to fight too-low inflation last week, a top ECB official said Friday. “It’s in the toolbox. […]

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Goldman Sachs Prez: Markets “Abnormal”, Blames Federal Reserve.

Gary Cohn, President of the Goldman Sachs Group, recently branded the trading market as “abnormal”, citing low market volatility and artificially low interest rates as the culprits. As Bloomberg reports: “The environment for all the firms is quite difficult right now,” Cohn, 53, said today at an investor conference in New York. “What drives activity […]

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The USA – Future Totalitarian Dystopia?

There are a number of serious political and economic questions to be asked about the future of America. In the economic sphere, we are in uncharted territory. The total supply of money in the U.S. has never been as high as it is now. Even 10 years ago, this rate of monetary expansion would’ve been […]

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Kiev is Burning: 13 Dead in Ukrainian Protests.

Anti-Government protests in the Ukrainian capital of Kiev have left 13 confirmed dead thus far, 6 of them being police officers. The current riots, as part of the weeks-long ongoing protests, have seen thousands of protestors and rioters pitted against government security forces in a battle for control of the city center. This the worst […]

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Why You Should Consider Buying Gold and Silver.

I am a supporter of investing in precious metals, namely gold and silver. I believe it is smart for an individual to hold a decent portion of their wealth in physical bullion coins. I have many reasons for this. Nobody should expect to make a significant profit off such an investment, but rather to preserve […]

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Bitcoin Crashes Over 60% after China Bans Deposits.

Bitcoin reached a peak near $1230 per BTC on November 29th; by today, the value of a Bitcoin has crashed to nearly $450, losing over 60% of it’s value in only a little over two weeks. The beginning of the crash was largely in response to an announcement from the People’s Bank of China, when […]

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Bitcoin: The Inevitable Future of Money?

I have had a few interesting debates/arguments with other libertarians over the uncertain future of Bitcoin. Mainly, I have argued with libertarians who seem to think that Bitcoin presents some type of short-term threat to the power of the US dollar and the Federal Reserve. These people have claimed that Bitcoin is marching onward and […]

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Hyperinflation: Will It Happen Here?

I frequently hear fearful whispers of “hyperinflation” in our future. Hyperinflation is a severe economic condition in which the supply of money is far too large, and each unit of money becomes nearly valueless; this is the sort of situation where people start using money as wallpaper and toilet paper. Many people seem to think […]

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Former Federal Reserve Official: “I’m Sorry, America.”

Andrew Huszar is a former Federal Reserve official. He has harsh words for his former employer, and for the misdeeds they continue to perform. I am sure Huszar is a Keynesian, but that does not change that he seems to have realized the truth about the Federal Reserve, and who the Federal Reserve is actually […]

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