Moral Outrage
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Posts Tagged ‘QE

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 […]

The Straits of Hormuz and a new Reserve Currency to challenge the Dollar

January 9, 2012

An unintended consequence of QE had been to spur several countries to think very seriously of how they could replace the dollar as their settlement currency for international deals. The list of countries accumulating gold (Russia, China, India) is similar to the list of countries that were reported to be talking about the need for […]

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 […]

The undeclared creeping US bankruptcy

January 5, 2011

In essence the US is bankrupt, but how will it go about filing for bankruptcy? There are 2 ways – one is to default on its debts. This would create a massive convulsion and crash the markets, leading to an almost instant depression. This is not so attractive to politicians or the elites as it […]

Quantitative Easing QE2 will break the back of the U.S. Dollar

November 9, 2010

Millions of Americans have no idea what Quantitative Easing (QE) is or how it will affect them personally. Quantitative easing (QE) is a monetary policy used by some central banks to increase the supply of money by increasing the excess reserves of the banking system, generally through buying of the central government’s own bonds. Economist […]