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A Dollar Rout Or More Bernanke Trickery? By Mike Whitney
"The decision to skewer the dollar was made by the big banks and their allies at the Federal Reserve."
"Information is the currency of democracy." Thomas Jefferson || Pursuit of Happiness Blog
""Information is the currency of democracy." Thomas Jefferson"
Bluffing on the Bailout | Are Feds Lying About Use of TARP Funds?
A report casts doubts on federal officials' candor regarding their use of TARP funds.
It's Confirmed: No One Will be Rescuing Your Dollars
10/05/09 Stockholm, Sweden Even with the US dollar's deterioration over the past six months, the G7 has decided to let it continue to fall.\n\nForbes reports today that the G7 "abandons the dollar." This is despite problems, such as economic instability, that a weakening dollar can cause central bankers around the world.\n\nFrom the US perspective, there are some benefits associated with a weaker dollar, in terms of increased exports and the possibility of inflating away the massive debt the government is building up so quickly.
US Faces Retro 70s Inflation | CNBC.com
"The true inflation rate in America? It's certainly at least 6 or 7 percent, the US government lies about it, as you know, everybody who shops knows that prices are up, everybody except the US government. Rogers repeated his view that the Fed's quantitative easing program is "debasing the currency" and said he was "extremely worried" about the fate of the dollar over the long term. Asia is the region where investors should go, as countries in that region have strong reserves while once-strong economies such as the US and the UK are now in debt, he said.
Why Won't Geithner Commit to No More Bailouts? -- Seeking Alpha
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* Central Banks: More Harm than Good?
on Sep 24, 2009
* A Market Rally in Monopoly Money
on Sep 21, 2009 • GLD, SLV, SPY
* The Coming Consequences of Banking Fraud ~ Will Gensler Curb Manipulations in Futures Markets, or Is It Just Smoke and Mirrors? ~ From Free Markets to Absolute Power: The Warped Views of 'Bank Speak' ~ Financial Elites and the Enronization of America (Part I) ~ Financial Elites and the Enronization of America (Part II) ~ How an Unsound Global Monetary System Creates Boom / Bust Cycles ~ Let's Keep Big Banks from Ruining America Forever
chycho.com | economics | analysis of our socioeconomic metamorphosis
Intense, potent video about foreclosed home in California, where the 'depressed' and bankrupt (spiritually as well as financially) family left ALL their possessions behind--including family photos... http://serve.castfire.com/video/26078/26078_2008-09-25-215549.mp4
The Next Financial Crisis | The New Republic
Fed may well have mitigated our current crisis by sowing the seeds for the next one. Banking was once a dangerous profession. In Britain, for instance, bankers faced “unlimited liability”
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Banking was once a dangerous profession. In Britain, for instance, bankers faced “unlimited liability”
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Fed may well have mitigated our current crisis by sowing the seeds for the next one.
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Federal Reserve Buys $1 Trillion Dollars of U.S. Bonds While We Worry About $165 Million AIG Bonuses
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