Monthly Archives: January 2015

Memo To Yellen: The Sustainable Recovery Isn’t There

“Janet Yellen and her band of money printers think they are driving the GDP forward toward the nirvana of full employment and the achievement of every last dime of “potential GDP”. What they are actually doing, instead, is inflating the … Continue reading

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Federal Reserve Unchanged But Policy Mocking Begins

The FOMC statement this week suggests that the Federal Reserve is choosing to ignore an avalanche of problematic information. Why? As the mismatch between the data and the so called “data dependent” Federal Reserve narrative grows, the credibility of policy … Continue reading

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4 New Central Bank Credibility Issues

Building on last week’s theme of crumbling credibility in the world’s current Fiat Money system, there was a great deal more evidence on view this week. There were 4 new issues that came up under the following headings: Swiss National … Continue reading

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Volatility Rising As Instability Of Fiat Money System Grows.

“It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” — Henry Ford “Whoever controls the volume of money … Continue reading

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Stages Of Collapse in the Federal Reserve’s Economic Myths

Either stocks have permanently decoupled, continuing exclusively within the realm of central bank omniscience that has been rebuked time and again, or there will be a Period G where full harmony is restored; that is everyone’s greatest fear. Jeffrey Snider … Continue reading

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