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Proper formatting of this article can be found on author's website at www.economicnoise.com The history of government management of money has, except for a few short happy periods, been one of incessant fraud and deception. Friedrich Hayek The day...
Fed Under Fire -- Throw on More Logs By Monty Pelerin , posted April 12th, 2010 http://www.economicnoise.com/2010/04/12/fed-under-fire-throw-on-more-logs/ “The bold effort the present (central) bank had made to control the government … are...
Our Enemy the State By Monty Pelerin , posted April 9th, 2010 http://www.economicnoise.com/2010/04/09/our-enemy-the-state/ Albert J. Nock, libertarian, wrote a book entitled Our Enemy the State in 1935 . It is an interesting book for those who believe...
Wisdom: Friedman on Fed By Monty Pelerin , posted March 29th, 2010 http://www.economicnoise.com/2010/03/29/wisdom-friedman-on-fed/ Milton Friedman on dangers of allowing the Federal Reserve so much power: “The power to determine the quantity of...
More of Washington's Charade By Monty Pelerin , posted March 27th, 2010 http://www.economicnoise.com/2010/03/27/more-of-washingtons-charade/ The Fantasy World as Seen by The Federal Reserve and The Washington Post Is our populace considered so ignorant...
BernankeSpeak By Monty Pelerin , posted March 26th, 2010 http://www.economicnoise.com/2010/03/26/bernankespeak/ The charade gets more binding as Treasury rates increase. Bernanke believes this might be “because of a lack of confidence by creditors...
Tough Guy Bernanke Blows Smoke By Monty Pelerin , posted February 27th, 2010 http://www.economicnoise.com/2010/02/27/tough-guy-bernanke-blows-smoke/ Tough Guy Bernanke Blows Smoke Fed Chairman Ben Bernanke appeared before Congress this week wearing his...
FED Bunkum By Monty Pelerin , posted February 25th, 2010 http://www.economicnoise.com/2010/02/25/fed-bunkum/ A Wall Street Journal article reported: “The Treasury said it will borrow $200 billion and leave the cash proceeds on deposit with the Federal...
The Fed Feints By Monty Pelerin , posted February 20th, 2010 http://www.economicnoise.com/2010/02/20/the-fed-feints/ Great hoopla over the Federal Reserve’s surprise decision to raise the discount rate 0.25 % fills the media and the markets. Pundits...
Economics, Climategate and Defending the Fed By Monty Pelerin , posted December 12th, 2009 http://www.economicnoise.com/2009/12/12/economics-climategate-and-defending-the-fed/ The corruption of science is now out in the open with the Climategate emails...
By Monty Pelerin , posted December 3rd, 2009 http://www.economicnoise.com/2009/12/03/bernanke-as-moral-hazard/ Senator Jim Bunning provides a brutal and thorough summary of Bernanke’s role in the financial crisis. Click here for video . swfobject...
By Monty Pelerin , posted December 3rd, 2009 http://www.economicnoise.com/2009/12/03/the-fed-is-nothing-but-an-atm-machine/ The Fed has reached the point where there are two choices — Allow the government to shut down or allow itself to be the Treasury’s...
By Monty Pelerin , posted December 1st, 2009 http://www.economicnoise.com/2009/12/01/wisdom-our-policy-makers/ A few days ago in a post entitled Wisdom: To Whom You Listen is Important comments and forecasts from the 1930s were presented. The examples...
Ron Paul is looked at by some as a modern day Don Quixote. His current windmill is the Federal Reserve, an institution not very well understood by the American public. For those who don’t understand the Fed, watch this video. Representative Paul...