Sunday, 26 October 2014

Monthly Archives November 2012

Job Creation via Jobless Benefits and Fed Money Printing : Signs of a Modern Day Depression

Posted by Gonzalo Schwarz
November 30, 2012

by Tim Iacono When reading Wall Street Journal stories such as CBO: Unemployment Extension Would Add 300,000 Jobs, it’s easy to come away with the impression that the economic world we live in is radically different than it was just a few years ago. And, now almost three-and-a-half years after the Great Recession officially ended in 2009, […]

Read More

Central Banks’ Gold Likely Gone

Posted by Gonzalo Schwarz
November 30, 2012

Pay no attention to the men behind the curtain… By: Gregg Hunter Money manager Eric Sprott says, “The central banks’ gold is likely gone with no realistic chance of getting it back.” Don’t expect this revelation to get any coverage by the mainstream media. In an interview last week, Sprott’s analysis was met with words […]

Read More

Inflation and Monetary Manipulation as Incentives for Corruption

Posted by Alex Chafuen
November 29, 2012

by Alex Chafuen The Adam Smith Institute (U.K.) has published a valuable piece reminding readers about the corrupting effects of inflation.   My professor of professional ethics, at the Catholic University of Argentina, taught us that printing money was “lying, knowing that you are lying, and stealing, knowing that you are stealing.”[1]   But the ethics of […]

Read More

An Age of Illusionists

Posted by Gonzalo Schwarz
November 29, 2012

Remember, all spending is a tax. It has to come from somewhere. It’s coming out of the value of your Dollar. by Steve H. Hanke Watching Barack Obama and Mitt Romney duel in the presidential campaign should have convinced the spectators that we live in an age of illusionists. Few of the assertions and conjectures […]

Read More