Don’t Wait For the Announcement, QEIII is Already Here

– June 5, 2012

By Devin Roundtree Due to May’s disappointing unemployment numbers, Wall Street investors are again debating if the Federal Reserve will provide another round of Quantitative Easing. Yet nobody is recognizing the obvious; QE3 already exists. Ben Bernan …

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poorerthanever

Gold Tells the Truth

– May 17, 2012

Feel like your wages are buying less in real terms? They are

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Missing the Point

– May 8, 2012

At The Economist blog Free Exchange, different opinions on the situation of Europe are discussed. More precisely, would fiscal austerity have made a difference, or was fiscal policy the right tool? Examples of economists in favor and against austerity …

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EU-Broken

The European Union Is Destroying European Unity

– May 8, 2012

It was said that the E.U.’s existence was justified in the name of preventing the return of nationalism and fascism to European politics. Well, as a result of the austerity terms imposed upon Greece by their European cousins in Brussels and Frankfurt, Greeks just put a full-blown fascist party into Parliament.

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bernanke123

The Eternal Sunshine of the Spotless Conscience…

– April 17, 2012

If you’re at a table full of politicians and you can’t find the scapegoat, it’s you.

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Cracks in the Fiscal Dam

– March 22, 2012

by Tyler Watts I’ll admit it: we fiscal hawks are increasingly mystified that things haven’t blown up yet for Uncle Sam. The Fed has held interest rates at zero for almost 3 ½ years now, and the inflation rate hasn’t exploded—even though people are not …

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Taxes: The Seen and the Unseen

– February 27, 2012

If an inflation tax falls in the forest, and not one in a million understand it, does it make a sound?[1] According to a recent news report by Reuters, “President Barack Obama called on Monday for new spending to boost growth and higher taxes on the ri …

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Vicious Armed Robbery versus Sweet, Sweet Embezzlement

– February 27, 2012

All We Like Sheep   A classic by Joseph Sobran fitzgerald griffin foundation Once upon a time, my father bought Time magazine every week, as I do now. He paid 20 cents per issue; I’m paying $3.95. In my teens I bought paperback editions of Shakespeare’ …

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What Does Regime Uncertainty Look Like?

– February 1, 2012

To follow the development of the Euro crisis it sometimes feels like watching a slow motion movie where we know the final result, but we don’t know how is it going to be played out. News and uncertainty, again, about the future of the Euro and a potent …

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America’s Dirty Laundering

– January 26, 2012

 No matter how many times they clean it, the fresh ink stains just won’t go away. Forget, for a moment, about all the horrible economic damage the Fed is responsible for, according to its critics. News that just came out about the Fed’s massive payout …

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Idle Resources Are the Devil’s Playthings

– January 20, 2012

If the State is so resourceful, why does it need to borrow and tax so much? The debate over the divine “multiplier” rages on.  Proponents argue that the economy is plagued with idle resources just sitting around collecting dust.  “Why, if the Private ( …

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