Economy

This year is flying very fast, isn’t it? We are already in March…

The monetary backdrop continues to be very different in the US today than it was in earlier post-bubble periods.

The Fed continues to pump aggressively

The quantity theory of money and its accompanying equation of exchange are generally accepted as defining the relationship between money and prices.

www.FinancialArticleSummariesToday.com The straight-faced dissemination of transparently amateurish “official analysis” these days loudly proclaiming that an economic rebound is underway is so blatantly short on truth that it reveals a disturbing level of desperation to raise confidence. Furthermore, it clearly shows that the damage to the national economic infrastructure is so great that the practices deployed … Continue reading

The much-hyped economic recovery has suddenly disappeared into thin air as economists and mainstream analysts are left scratching their heads in bewilderment. But since the herd couldn’t see the biggest collapse in 75 years coming, what makes you think they can recognize a double dip before it develops? 2nd quarter revenue misses from stalwarts like JP … Continue reading

Source: Karen Roche of The Gold Report 5/19/10 http://www.theaureport.com/pub/na/6324 One of the first things mainstream journalists in Western media learn is how to tease angles out of stories that play on fear, scandal and disaster. Good news is no news. Bad news sells. If it bleeds, it leads. As historian, political writer and Guardian columnist … Continue reading

The first “cut” of Q1 2010 estimated GDP was released on Friday. It came in slighly below expectations at a 3.2% annualized rate. This number will be revised a couple times over the next of couple months. Don’t forget that because the Govt underestimates true inflation, any estimated GDP statistic is mathematically skewed too high. That … Continue reading