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The Big Bank Theory 23 Dec 2010 | 08:11 am
“Paper money eventually returns to its intrinsic value – zero.” Almost 300 years after Voltaire made that statement, Jon Stewart repeated the message. As you can see on the The Daily Show video (see ...
Monthly Report. December, 2010. 8 Dec 2010 | 10:07 am
Interest rates continue to rise despite the Federal Reserve’s effort to keep yields low through the second round of quantitative easing. QE2 was supposed to stimulate the economy by helping push bond ...
November 2010. Report. 8 Nov 2010 | 10:20 am
The Federal Reserve has acknowledged that it is running monetary policy to promote asset prices rather than a sound currency. Any effort to manipulate price levels inevitably results in false markets...
October 2010, Report 6 Oct 2010 | 12:39 pm
The skirmishes in the currency market have escalated into open warfare. According to Brazilian finance minister, Guido Mantega, the “international currency war” has begun. Although the United States C...
