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Dear Mr President Obama is second (nearly) to none in my eyes now. He started with a heavy suspect from my side that it will get worse. You can check this blog on when I warned first against this "President". After the vote he climbs up my list...
What a suprise a new bubble is growing. According to a German Magazine the prices for land are soaring. Within just a few years a hectare has seen an increase in price from 5000 USD to 30000 USD. That's a raise or 600 % and you can bet this is the...
Isn't it time for QE IV? You still think you can print yourself out of the misery with even more worthless paper don't you? Just one question. Why hasn't it worked in the past? What's can be the problem? Are the printing presses to slow...
Now dear Readers, if you think there must be an end to ignorance and deception. You have to read the following: http://www.icis.com/Articles/2011/08/09/9483817/us-fed-promises-record-low-interest-rates-for-at-least-two-years.html One can see they are...
the deledefs have put us into: Introduce sound money. That means "End the Fed", bind the currency to something of value Forbid debt for financing governments If one thinks the state is needed. Introduce one flat tax for financing it. Stop the...
As you have seen in my previous entry, I can not see that a debt ratio of states can be related to GDP.. So I'm looking for a rough idea on how high the prroperty value of the diverse states may be. I know that not all of it is disponible but it's...
Well I just can conclude it sinks faster than ever for me. Now they want to stick to their program of printing money. And well if you have savings you got robbed day by day, monthy by month year by year. The inflation raises (just remember: http://mises...
Well II wrote the troubles with the banks are named that way. The US wants to print out their way out of crises. And they really have an elegant way. The fed issues money and buys bond from the governement. This is a circle which one can name a masterpiece...