Category Archives: Redistribution
PATTERN RECOGNITION: EVERYTHING IS RIGGED
Stock market: rigged. Money: out of thin air. Wall Street bonuses: more than all federal minimum wage employees combined. The pattern recognition skills of the public have GOT to be kicking in by now, yes? EVERYTHING. IS. RIGGED. From Zero … Continue reading
BANK SAYS: IF YOU BELIEVE BANKS LEND DEPOSITS, YOU ARE WRONG
This is NOT an April Fool’s prank. Indeed, the Bank of England wants you to understand that when it comes to money creation, everything you “know” is wrong (cross-posted at The Air Standard)… In its recent press release, the BoE … Continue reading
WHY DOES EVERYTHING COST SO MUCH? SCHIFF EXPLAINS
The simple answer is, of course, inflation. The powers that be are trying to convince us that inflation is a good thing, a healthy thing, as Peter Schiff notes here: “It is no accident that the concept of ‘inflation’ has … Continue reading
YOUR MONEY IS WORTHLESS BY DESIGN
As usual, Max Keiser’s show is always worth watching. This time, it’s for something his guest–Simon Rose of Save Our Savers said almost offhandedly toward the end of the show (23:57 mark): “It’s like being in The Matrix. You know, … Continue reading
THE FED HAS FAILED: 100 YEARS OF THE FEDERAL RESERVE
The Federal Reserve Act was passed on December 23, 1913. It was supposed to prevent bank panics, like the Panic of 1907. It was supposed to keep inflation and unemployment down. It was supposed to stabilize the system. That’s how … Continue reading
HEDGE FUND MANAGER SOUNDS JUST LIKE THE POPE!
PolicyMic posted an article with the following headline: “Pope Francis Denounces Capitalism, But Is He Right?” Short answer: absolutely (dude is infallible, after all)–especially since renowned hedge fund manager Stanley Druckenmiller essentially agrees with the Pope, as we shall see … Continue reading