Economy

Blogs about the economy and how it affects the price of gold.

Oh the Horror! The Humanity! The Carnage! ... next!

Gotta love the paper chasers, those lovely little people running amok at central banks, setting fire  to the bales and bales of freshly printed artwork that passes for money.  Greece is drowning in drachmas so what do the Aristocats do??? Continue...

And to Sum Up!

That is a really poor choice for a title of this last in Bernanke's series of lectures. 

Strange how history has a way of favoring the survivors. Nonetheless, much of the series has historic value. Some of it requires a suspension of common sense, other parts are bravely pastiched from the whole cloth of rhetoric, and every now and then, some facts do emerge. You will have to decide for yourself which is which 

Bernanke grades his lecturees on a proprietary curve which he learned while playing quoites with Baron Rotschild and his other cronies in the Bildesberger. It goes something like this: Depending on the students lineage and family ties, they will get either a Pass, Fail or Welcome Aboard!

Listen as he indoctrinates the next class of world leaders in this final lecture at George Wahington University.

A Further Lecture from Uncle Ben.

The following link will give you more on Chairman Bernanke's lecture series. Helicopter Ben 'splains the Fed to the next generation at George Washington University.

Pin the Tail on ... Bernanke!

This is the first in a series of four lectures by Ben Bernanke.

Interesting to note that he begins by telling the students a prevarication (it wouldn't be kosher to call such an august man a liar - oh hell, if it walks like a duck, swims like a duck and quacks like a duck, chances are ... it's probably a bloody duck!).

Anyway, here for your elucidation ... and amusement ... are the erudite ramblings of "Helicopter" Ben!

Being all a-twitter with anticipation here, without further ado is: Bernanke, the Lecturer, Part One 

Enjoy!

The Economy: Who's on First?

Abbott and Costello were one of America's funniest duo in the 40's and 50's. Here's a reprise of one of their routines that is still current: COSTELLO: I want to talk about the unemployment rate in America.ABBOTT: Good "subject". Terrible "time...

Soros to World: "Sorry 'bout That!"

George Soros, who is not exactly a candidate for British knighthood anytime soon, has been sounding off on the world economy. Now keep in mind this is the same man who almost singlehandedly destroyed the currencies of the Pacific Rim nations over ...

Good BS Takes Time to Manufacture!

As just about no-one outside the Beltway knows, publication of the transcripts of Federal Reserve Board meetings are always made public ... only it is always five years after the fact! (Nothing strange or suspicious in that! Every board of directo...

Gold and Central Banks!

“What precisely are governments and central banks seeking to protect with their gold holdings and acquisitions?” asks Laissez-Faire Books editor Jeffrey Tucker. Silly Goose! They are protecting their population's and their depositor's financial we...

Sign of the Times?

Will this year never end? Perhaps a very significant sign of the times (or at least the state of the coin market), is the Friday, January 6, 2012 announcement from the American Numismatic Association at the conclusion of the Florida United Numisma...

Ready for Your Lump of Coal?

    Christine Lagarde, head of the Intenational Monetary Fund (IMF) referring to saving the euro zone — "There is no economy in the world, whether low-income countries, emerging markets, middle-income countries or super-advanced economies that wi...