Tag Archive: U.S. Money Supply

Congress’s Radical Plan to End Illegal Money

2017-07-23

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2017-07-23

What Constitution? One of the many downfalls of being the United States Secretary of the Treasury is the requirement to place one’s autograph on the face of the Federal Reserve’s legal tender notes. There, on public display, is an overt record of a critical defect.  A signature endorsement of a Federal Reserve note by the Treasury Secretary represents their personal ratification of unconstitutional money.

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Cracks in Ponzi-Finance Land

2017-04-27

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2017-04-27

Retail Junk Debt, April 2017
Retail Debt Debacles The retail sector has replaced the oil sector in a sense, and not in a good way. It is the sector that is most likely to see a large surge in bankruptcies this year. Junk bonds issued by retailers are performing dismally, and within the group the bonds of companies that were subject to leveraged buyouts by private equity firms seem to be doing the worst (a function of their outsized debt loads).

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Money In America

2017-04-24

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2017-04-24

Economic Baselines in the Eurodollar Era, January 1993 - 2016
In 1830, France was once more swept up in revolution, only this time at the end of it was installed one king to replace another. Louis-Phillipe became, in fact, France’s last king as a result of that July Revolution. The country was trying to make sense of its imperial past with the growing democratic sentiments of the 19th century.

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Hell To Pay

2017-04-18

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2017-04-18

Yellen Cartoon
Economic nonsense comes a dime a dozen. For example, Federal Reserve Chair Janet Yellen “think(s) we have a healthy economy now.” She even told the University of Michigan’s Ford School of Public Policy so earlier this week. Does she know what she’s talking about?

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The Strikingly Weak ISM Purchasing Manager Indices

2016-09-17

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2016-09-17

Factory
We are always paying close attention to the manufacturing sector, which is far more important to the US economy than is generally believed. The ISM index shows striking weakness.

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Negative and the War On Cash, Part 2: “Closing The Escape Routes”

2016-09-08

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2016-09-08

History teaches us that central authorities dislike escape routes, at least for the majority, and are therefore prone to closing them, so that control of a limited money supply can remain in the hands of the very few. In the 1930s, gold was the escape route, so gold was confiscated. As Alan Greenspan wrote in 1966:

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Negative Rates and The War On Cash, Part 1: “There Is Nowhere To Go But Down”

2016-09-04

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2016-09-04

As momentum builds in the developing deflationary spiral, we are seeing increasingly desperate measures to keep the global credit ponzi scheme from its inevitable conclusion. Credit bubbles are dynamic — they must grow continually or implode — hence they require ever more money to be lent into existence.

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