24 October 2012 0 Comments

Federal Reserve Creating Money by Fiat — And No Recorded Inflation – An Illusion of Prosperity – “Pseudo-Wealth”

In my opinion, and the opinion of many economists, the pseudo-prosperity  created by Federal Reserve intervention, will not, and cannot, continue. Since the financial crisis began in Aug. 2007, one of the puzzles surrounding the Federal Reserve’s quantitative easing program — i.e. money-printing — has been why it has not led to high levels of […]

18 April 2012 0 Comments

Economic Policy: Growth Jobs Higher Standard of Living – Government Inflation Finances Government, Devalues the Dollar and Citizens Pay

“Forget the modest 3.1 percent rise in the Consumer Price Index, the government’s widely used measure of inflation. Everyday prices are up some 8 percent over the past year, according to the American Institute for Economic Research.” READ MORE 29 February 2012 CBS MONEY WATCH Government Inflation Devalues The Dollar – Government has monopoly controls […]

6 June 2011 0 Comments

Inflation: Whom Do You Believe The Administration or Your Own Lying Eyes

The Democratic Obama Administration denies there is an inflation risk and “ Using the silent complicity of the MSM, these progressive collectivists want an uncontested control of the six key sectors of the American economy: food, energy, healthcare, auto manufacturing, higher education and non-military government workers.  Why this headlong plunge toward the centralization of planning […]

30 May 2011 0 Comments

A Perfect Example Fed Reserve Mandarin vs Real World People

This is a perfect illustration of the out of touch Federal Reserve Mandarins are with real world economy that affects everyone’s everyday lives. Queens audience did not want to hear that iPad price showed inflation under control when they wanted to talk about the real world price inflation they ( and we)  see every week […]