Tag Archives: Federal Reserve System

Alan Greenspan himself Now Says It’s Time To ‘End The Fed’

For a long time, gold standard advocates in the United States have had differing viewpoints about whether a new gold standard system might take place with existing institutions, such as the Federal Reserve, or whether it would take place with … Continue reading

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This is what $16 trillion dollars looks like: $16,000,000,000,000

This is what $16 trillion dollars looks like: $16,000,000,000,000 and you aint’s seen nothing yet! At this rate of growth, total US debt will surpass: $17 trillion on June 10, 2013; $18 trillion on March 23, 2014; $19 trillion on … Continue reading

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Who does the USA owe the most money to? HINT: IT’S not China

As the U.S. government spends an unprecedented amount of money to fix the economy, there is an equally great need to raise the cash to pay for it. This is accomplished through borrowing, whereby Uncle Sam sells Treasury securities of … Continue reading

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Whoa! Look at the Dollar go!

U.S.$ SOARS this week while GOLD tumbles to a 3-mth low As the mood on Europe soured this week, the behavior of investors was an unwelcome development for gold bugs: the precious metal dipped to its lowest level since September, while the … Continue reading

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Can the Fed really do anything to save the economy?

WASHINGTON  — The Federal Reserve is running out of options to try to boost a slumping economy and lower unemployment. So policymakers are expected to reach 50 years back into their playbook for their next move. Most economists expect the … Continue reading

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INFO CHART: History of the United State’s GDP growth since 1923

Gross Domestic Product (GDP): Gross National Product MINUS any payments on foreign investments. The monetary “value” of all of a nation’s goods and services produced within a nation’s borders and within a particular period of time, such as a year. … Continue reading

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Any US budget deal will work; just do it!

As the debt negotiators square off in Congress, much attention will focus on the size of the 10-year budget deal they come up with. As almost everyone agrees, there is much more risk of doing too little than too much … Continue reading

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The Fed and Interest Rates: Surprise, Surprise The Federal Reserve Bank’s interest rate policy is not as “independent” as most people think

You may remember the event that dominated last week’s U.S. economic calendar: the June 22 Federal Reserve’s interest rates announcement followed by Ben Bernanke‘s press-conference. In a credit-based economy that revolves around lending and borrowing, interest rates are a hugely … Continue reading

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GREAT NEW Infographic takes you Inside America’s Economic Downfall in an illustrative and easy way to understand

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Chinese Premier Wen Jiaobao vows to help stabilize the euro

China GUNG-HO About the Euro China is doing everything it can to support the euro currency. During last year’s European debt crisis, it started with verbally reiterating its commitment to buy euro-denominated debt.  When things got really bad, it stepped … Continue reading

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