Tag

Federal Reserve

Prostrate yourself before the empress

… the almighty Fed has printed trillions of dollars in our name to buy worthless mortgage assets from “too big to fail” banks. It has lent these banks our hard-earned money at about 0% interest, so they could lend our…

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We’re all mad here

“But I don’t want to go among mad people,” Alice remarked. “Oh, you can’t help that,” said the Cat: “we’re all mad here. I’m mad. You’re mad.” “How do you know I’m mad?” said Alice. “You must be,” said the…

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How the Fake Boom Ends

RANCHO SANTANA, NICARAGUA – As we outlined yesterday, Americans are richer than ever. U.S. household assets stand at $97 trillion. All over the world, “wealth” is surging, too… with the value of global stocks near a record high of $100 trillion….

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