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      Last week a scene unfolded in Athens, largely unnoticed by American eyes, that provided all the visual and metaphorical symbols needed to define the current state of the global economy. Hollywood’s best screenwriters couldn’t have laid it out any better. Tiring of being told by self-righteous foreigners to pay for past borrowing with current austerity, […] T […]
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      If anyone had any doubt how severely the global economy has been distorted by the actions of central bankers, the “surprise” announcement last week by the Swiss National Bank (SNB) to no longer peg the Swiss franc to the euro should provide a moment of crystal clarity. The decision sent the franc up almost 30% […] The post Switzerland Wins As Its Central Ban […]
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      Below, please find a short statement from Peter Schiff, CEO & Chief Global Strategist of Euro Pacific Capital. Feel free to excerpt. To speak with Mr. Schiff directly about anything in this statement, please contact aschiff@europac.net. By ending its three year currency peg to the weakening euro Switzerland has become the first major economy to […] The p […]
    • Hurts So Good: When Exactly Are Falling Prices Bad?
      The sudden fall in the price of oil provides a unique opportunity to examine the widely held belief that deflation is economic poison. As many governments and central banks have vowed to fight deflation at all costs in 2015, the question could hardly be more significant. While falling prices may strike the layman as cause […] The post Hurts So Good: When Exa […]
    • Could an Energy Bust Trigger QE4?
      In a normal economic times falling energy costs would be considered unadulterated good news. The facts are simple. No one buys a barrel of oil to display above the mantle. No one derives happiness from a lump of coal. Energy is simply a means to do or get the things that we want. We use […] The post Could an Energy Bust Trigger QE4? appeared first on Schiffr […]

The Philosoraptor

Rudy Guliani and his neoconservatives allies would say, “YES!!  As long as we keep stripping our liberties in exchange for false security…”

Al Queda would be laughing at all the ridiculous efforts our country has been doing since 9/11…

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