Powell reiterates that Fed will act as
Powell reiterates that Fed will act as appropriate to sustain the US economic expansion (Full Speech) StreetInsider.comNews and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here.
Posted on 16 July 2019 | 10:01 am
Neo-Nazi Leader Must Pay $14M To Jewish
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Posted on 16 July 2019 | 7:03 am
Trump Tweets Elicit ADL Condemnation, Nazi
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Bots are listening to your CEO's conference
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Acting Chairman of Council of Economic
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Andrea Mitchell to receive lifetime
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Body Of Rabbi Who Drowned After Rescuing
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DC Suburb Reschedules Anti-Israel Film
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Posted on 15 July 2019 | 5:01 am
Roger J Kerr says conventional economic
Roger J Kerr says conventional economic “cause and effect” paradigms are out the window and the currency markets are just one part of the jig-saw trying to work out what it means for them Interest.co.nzRoger J Kerr says conventional economic “cause and effect” paradigms are out the window and the currency markets are just one part of the jig-saw trying to ...
Posted on 14 July 2019 | 1:20 pm
Alexei Bayer: A perilous economy - Kyiv Post
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Posted on 14 July 2019 | 8:02 am
The Fed Is Spiking the Punch Bowl. It May
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Posted on 12 July 2019 | 5:31 pm
For how long can today’s global economic
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Posted on 12 July 2019 | 5:00 pm
Powell’s Testimony Confirms a Massive
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Posted on 12 July 2019 | 11:56 am
Sex Offender Jeffrey Epstein Bankrolled Ehud
Sex Offender Jeffrey Epstein Bankrolled Ehud Barak’s High-Tech Investment Jewish JournalSex offender Jeffrey Epstein in 2014 bankrolled a large investment in high tech for Ehud Barak via the Wexner Foundation.
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Christine Lagarde's forthcoming baptism by
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Rashida Tlaib's Congressional West Bank Trip
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Traders Are Dumping Hedges as Currency
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Blankfein Wonders Why Sanders Is Picking on
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Op-ed: Stand Up Norwalk for humane treatment
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Posted on 11 July 2019 | 2:24 pm
US stock markets' hat-trick - Fidelity
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Resolved Question: Was I dreaming when
Alan Greenspan is probably more responsible for the global economic crisis than any other human being alive. @Doc: I'm aware Doc. Which is why most people of the people in those circles consider him a total hypocrite.
Posted on 12 October 2011 | 3:55 am
Resolved Question: Alan
What was his role when the internet bubble burst.And how internet bubble burst change the America.What were the after consequences. Was Henry Blodget responsible for internet bubble. Thanks in advance
Posted on 7 June 2011 | 4:02 am
Resolved Question: Am I right in thinking
What is the age span between these two?
Posted on 27 May 2011 | 3:03 am
Resolved Question: How complicit do you
Although Alan Greenspan had already been replaced as chairman of the Federal Reserve Board (in 2006) by the time the financial collapse of 2008 took place, there are some who believe he contributed to setting the stage for the collapse when he WAS chairman.
Do you think Greenspan has some of the "blood on his hands?"
Posted on 30 November 2009 | 5:01 am
Resolved Question: Is Alan Greenspan a two
''-- that gold and economic freedom are inseparable''
''But the process of cure was misdiagnosed as the disease: if shortage of bank reserves was causing a business decline-argued economic interventionists -- why not find a way of supplying increased reserves to the banks so they never need be short! If banks can continue to loan money indefinitely -- it was claimed -- there need never be any slumps in business. And so the Federal Reserve System was organized in 1913''
''The excess credit which the Fed pumped into the economy spilled over into the stock market -- triggering a fantastic speculative boom. ''
', statists argued that the gold standard was largely to blame for the credit debacle which led to the Great Depression... (The irony was that since 1913, we had been, not on a gold standard, but on what may be termed "a mixed gold standard"; yet it is gold that took the blame.)''
'the realization that the gold standard is incompatible with chronic deficit spending (the hallmark of the welfare state). Stripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive members of a society to support a wide variety of welfare schemes. A substantial part of the confiscation is effected by taxation. But the welfare statists were quick to recognize that if they wished to retain political power, the amount of taxation had to be limited and they had to resort to programs of massive deficit spending, i.e., they had to borrow money, by issuing government bonds, to finance welfare expenditures on a large scale.''
''new government bonds can be sold to the public only at progressively higher interest rates. Thus, government deficit spending under a gold standard is severely limited. The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit.''
''In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. ''
'The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves.
This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard.''
Don't tell me he just changed his mind because he was influenced by other writers.
I don't see how someone can go from believing in something so firmly and then abandoning it.
Posted on 15 September 2009 | 8:41 pm