Category Archives : Finance

The Markets, Currency, the Transfer of Wealth and anything else that affects your wallet.


Inside the New York Fed: Secret Recordings and a Culture Clash

Inside the New York Fed: Secret Recordings and a Culture Clash By Jake Bernstein ProPublica, Sep. 26, 2014, 5 a.m. Update: Senators react, Goldman changes conflicts of interest policy. Barely a year removed from the devastation of the 2008 financial crisis, the president of the Federal Reserve Bank of New York faced a crossroads. Congress had […]

New York Feral Reserve Bank

bubble

Federal Reserve Policies Cause Booms and Busts

Source: https://mises.org By Richard M. Ebeling   Federal Reserve Policies Cause Booms and Busts   Since the economic crisis of 2008-2009, the Federal Reserve — America’s central bank — has expanded the money supply in the banking system by over $4 trillion, and has manipulated key interest rates to keep them so artificially low that […]


Gateway Policies: ISIS, Obama and US Financial Boots-on-the-Ground

By Nomi Prins NomiPrins.com September 25, 2014 Gateway Policies: ISIS, Obama and US Financial Boots-on-the-Ground   President Obama’s neo-Cold War is not about ideology or respect for borders. It is about money and global power. The current battle over control of gateway nations – strategic locations in which private firms can establish the equivalent of […]

All The Presidents Bankers

Subprime Fail

The World’s Largest Subprime Debtor: The US Government

Source: https://mises.org By David Howden   The World’s Largest Subprime Debtor: The US Government   Lehman Brothers filed for Chapter 11 bankruptcy protection six years ago this month. The event has become famous as the spark that ignited the global financial crisis. Since that date, millions have lost their jobs and livelihoods, and countless others […]


5 U.S. Banks Each Have More Than 40 Trillion Dollars In Exposure To Derivatives

Source: http://theeconomiccollapseblog.com By Michael Snyder   5 U.S. Banks Each Have More Than 40 Trillion Dollars In Exposure To Derivatives   When is the U.S. banking system going to crash?  I can sum it up in three words.  Watch the derivatives.  It used to be only four, but now there are five “too big to […]

Big Derivatives Roulette Wheel

Patrick J. Buchanan

Is Burger King an Economic Patriot?

Source: http://www.lewrockwell.com By Patrick J. Buchanan   Is Burger King an Economic Patriot?   “Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains.” Jefferson’s brutal verdict comes to mind in the fierce debate over inversions, those decisions by U.S. […]


INFOGRAPHIC: Keynesian vs. Austrian Economics

There has been an unsettled debate among economists for a century now of whether government intervention is beneficial to an economy. The heart of this debate lies between Keynesian and Austrian economists (though there are other schools as well). In order to get a full understanding of the two schools of economic thought, please refer […]

Keynesian vs. Austrian Economics

Gold Bars

Rigged Gold Price Distorts Perception of Economic Reality

Source: http://www.paulcraigroberts.org By Paul Craig Roberts and Dave Kranzler   Rigged Gold Price Distorts Perception of Economic Reality   The Federal Reserve and its bullion bank agents (JP Morgan, Scotia, and HSBC) have been using naked short-selling to drive down the price of gold since September 2011. The latest containment effort began in mid-July of […]


How Third-Party Payers Drive Up Medical Costs 1

Source: https://mises.org By Willem G. Cornax   How Third-Party Payers Drive Up Medical Costs   These days, a lot of people are worried about their rising healthcare costs. In the Netherlands, this had been one of the most important factors in introducing a collectivist and obligatory basic insurance policy in 2006. Only a few years […]

Medical Costs

Money Gift

What’s Up?

Source: http://www.lewrockwell.com By Richard Daughty The Mogambu Guru What’s Up? For several weeks, the tragic soul of The Mogambo has been troubled by subtle undertones in The Force, inexplicably using an old Star Wars metaphor, which brings up the interesting question as to how a Jedi light-saber would fare against a couple of belt-fed .50 […]