Moral Outrage
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Posts Tagged ‘Federal Reserve

Federal Reserve to devalue the Dollar by another 33 per cent

February 10, 2012

What will be called the “dollar” in 2032 will be worth one-third less (100/150) than what we call a dollar today. The Federal Reserve Open Market Committee (FOMC) has made it official: After its latest two day meeting, it announced its goal to devalue the dollar by 33% over the next 20 years. The debauch […]

The Federal Reserve does not print money

January 26, 2012

Here’s something you probably don’t know: The Fed doesn’t print money. Yes, that’s right, the Fed is actually not in the business of printing money. The actual, physical printing presses are owned and operated by the Treasury Department…not the Fed. So the Federal Reserve is actually not in the business of printing money…. the Fed […]

Ron Paul on spending, taxes and Social Security

December 21, 2011

If you know anything about Ron Paul’s economic views, it’s probably that he’s not a big fan of the Federal Reserve system, or that he loves the gold standard. But those are hardly the only noteworthy planks in his platform. Spending: Paul proposes cutting $1 trillion from the federal budget during his first year in […]

Ron Paul on the Fed’s Bailout Of Europe

November 30, 2011

The Fed’s latest actions in cooperating with foreign Central Banks to undertake liquidity swaps of dollars for foreign currencies is another reason why Congress needs enhanced power to oversee and audit the Fed. Under current law Congress cannot examine these types of agreements. Those who would argue that auditing the Fed or these agreements with […]

Assisted Suicide of the American Superpower

October 7, 2011

Not long ago, in 2000, the United States ran a surplus. In 2009, it ran a deficit of $1.4 trillion—10 percent of the economy. The 2011 deficit is projected even higher. The national debt is surging toward 100 percent of GDP. The greatest creditor nation in history is now the world’s greatest debtor. In the […]

Is China ready to pull the plug on the American Dollar?

September 17, 2011

The debate over the health and longevity of the American dollar comes down to one very simple and undeniable root pillar of economics; supply and demand. The Federal Reserve has been quite careful in maintaining a veil of secrecy over the full extent of dollar saturation in foreign markets in order to hide the sheer […]

Federal Reserve Audit Reveals Trillions in Secret Bailouts

August 31, 2011

The first-ever audit of the U.S. Federal Reserve has revealed 16 trillion dollars in secret bank bailouts and has raised more questions about the quasi-private agency’s opaque operations. “This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else,” U.S. Senator Bernie Sanders, an Independent from Vermont, said in […]

The declining exchange value of the US dollar

August 13, 2011

There is no danger of the US defaulting on its bonds. The bonds are denominated in US dollars, and dollars can be created without limit. If equities continue to fall, if flight continues from the euro, if bank fees drive people out of cash, it is possible, for awhile, that the inflows into Treasuries can […]

What is in store for the US economy?

August 12, 2011

Between 2001 and 2005 an estimated $2.4 trillion in wealth was created from the refinancing of mortgages and home equity loans. This money was only available because of artificially escalating housing prices. And when this easy money spigot was shut off, a private debt crisis was created. Meanwhile, the Fed does everything it can to […]

Standard & Poor’s to downgrade United States?

July 25, 2011

Federal Reserve Chairman Ben Bernanke said the fallout from a failure to raise the US debt ceiling could be “catastrophic” and “self defeating.” On an annualized basis, it’s the rough equivalent of cutting spending by $1.6 trillion — which is nearly all of so-called discretionary spending, including defense. The United States doesn’t bring in enough […]