by Mike McCune – World governments have not learned their lessons from 20th Century history. It is inevitable they will generate a conflict with “global implications” somewhere soon. The price of oil demands it. Oil continues to fall on world markets, a sure sign of the depths of the slowdown in the global [...]
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by Matt Lacy – The Federal Reserve announced it will crank up the printing presses to provide Europe with billions of dollars to prop up their economy, a move critics say will result in Americans paying more for services through inflation. The Federal Reserve announced it, along with five other central banks will make it [...]
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Mike McCune, expert economic forecasterAs our economy continues to struggle out of “the recession”, the government and the Federal Reserve have continued to deny inflation exists or is so small as to be a hindrance. The Fed’s late-fall stimulus package was instituted to actually create inflation to lead to artificially-enhanced, false Christmas retail sales figures to bolster the myth the [...]
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Story and photo By Jack Minor The Federal Reserve announced it would purchase almost $60 billion U.S. Treasury Securities to monetize the national debt in a move that critics say could decrease the value of personal wealth by 20 percent. In announcing the purchase, the Fed stated that inflation has decreased recently, “Longer-term inflation expectations [...]
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