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Like Bugs Looking For Windshields
Largest Central Banks Now Hold Over 15 Trillion in Fictitious Capital By Russ Winter01/27/2012 I could not help noticing that China’s imports from Japan fell 16.2pc in December. Imports from Taiwan fell 6.2pc. The strong yen strikes again: Honda decides to build a high-performance hybrid Acura in Ohio – instead of its home nation of […]
READ MOREWater Is Wet, and Other Breaking News
Central bank policy is obscuring market values, Warsh tells Stanford audience. By: Chris Powell, Secretary/Treasurer, GATA Dear Friend of GATA and Gold: Central banks are now so heavily influencing asset prices that investors are unable to ascertain market values, former Federal Reserve Board of Governors member Kevin M. Warsh told the Stanford University Institute for […]
READ MOREMedicine, or Poison? Real Inflation to Cure the Specter of Deflation
by Thorsten Polleit I. The ongoing financial and economic crisis has not only stoked fears that it will end ininflation — as central banks will print up ever-greater amounts of money — but it has also given rise to a diametrically opposed concern: namely, that of deflation. For instance, in December 2011 Christine Lagarde, head of the International […]
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