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Excessive leverage and risk in the financial system, e.g., using customer funds to speculate, never ends well. Stock market crashes, bank and investment firm failures or economic recessions are all potential consequences. Following the failure of the United States to regulate over the counter (OTC) derivatives...
Posted to
Hera
by
Ron Hera
on
Fri, Nov 16 2012
Filed under:
Filed under: Federal reserve, CPI, deflation, inflation, GDP, IMF, Great Depression, CDS, unemployment, debt monetization, too big to fail, International Monetary Fund, Gross Domestic Product, Consumer Price Index, MBS, mortgage backed securities, over the counter derivatives, European Central Bank, ECB, Baltic Dry Index, sovereign default, bank failure, credit default swaps, BDI, monetary policy, OMT, recession, stock market crash, liquidity, QE3, quantitative easing III, systemic collapse, outright monetary transactions, market intervention, stagflation, tax increases, austerity measures, savings, U.S. Treasury, bank credit, stagnation, economic opportunity, Federal Reserve Chairman Ben Bernanke, instability, entrepreneurship, public funds, jobs, financial crisis, operation twist, bond yields, living standards, financial repression, Carmen M. Reinhart, OTC derivatives. Glass-Steagall Act, interest rates, net loss, middle class, consumer incomes, innovation, economic recovery
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Perhaps the greatest modern champion of central economic planning was the 20th century English economist John Maynard Keynes. Keynes, who was a political socialist and for a time a central banker, advocated the idea that the government should play a large, active role in the economy. Among the consequences...
Posted to
Hera
by
Ron Hera
on
Sun, Jul 1 2012
Filed under:
Filed under: Federal reserve, GDP, OTC derivatives, CFTC, SEC, Gross Domestic Product, Securities and Exchange Commission, Goldman Sachs, Morgan Stanley, collateralized debt obligations, Obamacare, Pfizer, Commodities and Futures Trading Commission, Keynesian economics, Wells Fargo, Food and Drug Administration, GlaxoSmithKline, Lockheed Martin, Bank of America, General Dynamics, MBS, federal government debt, Rahn curve, CDOs, mortgage backed securities, Leviathan, J.P. Morgan Chase, FDA, Monsanto, Archer Daniels Midland, Northrop Grumman, Raytheon, over the counter derivatives, John Maynard Keynes, Johnson & Johnson, Behemoth, Boeing, Citigroup, Ziz
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The United States is quickly coming to resemble a post industrial neo-3rd-world country. Unemployment, lack of economic opportunity, falling real wages and household incomes, growing poverty and increasing concentration of wealth are major trends in the U.S. today. Behind these growing problems are monetary...
Posted to
Hera
by
Ron Hera
on
Sun, Jul 1 2012
Filed under:
Filed under: Federal reserve, CPI, GDP, IMF, OTC derivatives, unemployment, federal deficit, federal debt, Banking Act of 1933, income tax, federal employee retirement benefits, True Money Supply, CFMA, Dodd–Frank Wall Street Reform and Consumer Protection Act, federal government, U.S. Military, Supplemental Nutrition Assistance Program, too big to fail, wealthiest 1% of Americans, payroll tax, wars in Afghanistan, The Quiet Coup, carbon tax, Milton Friedman, Emergency Economic Stabilization Act, Allen Greenspan, CFTC, Glass–Steagall. Commodity Futures Modernization Act, SNAP, Simon Johnson, war in Iraq, USA PATRIOT Act, U.S. Department of Health and Human Services, distribution of wealth, U.S. Census Bureau, corporate tax, FYFSD, financial weapons of mass destruction, Medicare, International Monetary Fund, wages, national sales tax, FBI, SEC, value added tax, Bankruptcy Abuse Prevention and Consumer Protection Act, Gross Domestic Product, Consumer Price Index, capital gains tax, Social Security, NFORBRES, VAT, TMS, food stamps, EMRATIO, Securities and Exchange Commission, Commodities Futures Trading Commission, U.S. economy, lobbying, poverty, CPIAUCSL, corruption, GLB, Federal Bureau of Investigation, median household income, Citizens United v. Federal Election Commission, BAPCPA, AHETPI, Gramm–Leach–Bliley Act, bank bailout, unfunded liabilities, U.S. Department of Agriculture, Gini Coefficient
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The United States is increasingly similar to a 3rd world county in several ways and is accelerating towards 3rd world status. Economic data indicate a harsh reality that obviates mainstream political debate. The evidence suggests that, without fundamental reforms, the U.S. will become a post industrial...
Posted to
Hera
by
Ron Hera
on
Sun, Jul 1 2012
Filed under:
Filed under: Federal reserve, CPI, GDP, IMF, OTC derivatives, unemployment, federal deficit, federal debt, Banking Act of 1933, income tax, federal employee retirement benefits, True Money Supply, CFMA, Dodd–Frank Wall Street Reform and Consumer Protection Act, federal government, U.S. Military, Supplemental Nutrition Assistance Program, too big to fail, wealthiest 1% of Americans, payroll tax, wars in Afghanistan, The Quiet Coup, carbon tax, Milton Friedman, Emergency Economic Stabilization Act, Allen Greenspan, CFTC, Glass–Steagall. Commodity Futures Modernization Act, SNAP, Simon Johnson, war in Iraq, USA PATRIOT Act, U.S. Department of Health and Human Services, distribution of wealth, U.S. Census Bureau, corporate tax, FYFSD, financial weapons of mass destruction, Medicare, International Monetary Fund, wages, national sales tax, FBI, SEC, value added tax, Bankruptcy Abuse Prevention and Consumer Protection Act, Gross Domestic Product, Consumer Price Index, capital gains tax, Social Security, NFORBRES, VAT, TMS, food stamps, EMRATIO, Securities and Exchange Commission, Commodities Futures Trading Commission, U.S. economy, lobbying, poverty, CPIAUCSL, corruption, GLB, Federal Bureau of Investigation, median household income, Citizens United v. Federal Election Commission, BAPCPA, AHETPI, Gramm–Leach–Bliley Act, bank bailout, unfunded liabilities, U.S. Department of Agriculture, Gini Coefficient
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I'm suprised that a debts rate of is calculated with the GDP. I know "every" does it. But if are at the edge of a canyon, and everyone is marching on, makes this march not less stupid Let's translate it into our "world" (the non government world) So I'M living in Heidelsheim...
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Well how interesting that the verdict of the rating agents still is on AAA for the US. They just have a few trillions debt and they "just" another 1.4 trillion during this year. And still the blame the rating agents and call it a "politicial" decision. I wonder what does it mean?...
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Here on the Mises blog: http://mises.org/daily/5170/The-Myth-of-Japans-Lost-Decades That is interesting and we can really build on it. Let's assume the production stays the same for one year. Let's say it#s 100 PP (Product Pieces) now we just have the amount of 100 (money units) for paying this...
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The Hera Research Newsletter ( HRN ) is pleased to present the following exclusive interview with Eric Sprott, Chairman, Chief Executive Officer and Chief Investment Officer of Sprott Asset Management LP and Chairman and CEO of Sprott Money, Ltd. With over 35 years of experience in the investment industry...
Posted to
Hera
by
Ron Hera
on
Mon, Oct 18 2010
Filed under:
Filed under: Federal reserve, US dollar, inflation, GDP, USDX, Gold, US economy, Hyperinflation, Federal Budget, unemployment, silver, FOMC, Treasuries
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The Hera Research Newsletter ( HRN ) is delighted to present the following powerful interview with noted speaker and best selling author Dr. Marc Faber, whose newsletter, The Gloom Boom & Doom Report , highlights unusual investment opportunities. Dr. Faber is a popular speaker at investment seminars...
Posted to
Hera
by
Ron Hera
on
Thu, Sep 23 2010
Filed under:
Filed under: Federal reserve, US dollar, inflation, GDP, USDX, Gold, Hyperinflation, HUI, XAU, precious metals, FOMC, Treasuries
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Accumulation of Capital and Knowledge Accumulation of Capital and Knowledge by Alex Merced While I've discussed capital accumulation a couple of times before I though I'd re-explain this concept and it's implications again since it's so pivotal in understanding many of todays fundamental...
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AlexMerced
by
Alex Merced
on
Sat, Aug 28 2010
Filed under:
Filed under: Investment, GDP, Anarcho Capitalist, Richer, Knowledge, Accumulation, Wealth, Stupid, Consumption, Poor, Genius, Rich
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The productive elements of the US economy are caught between powerful financial interests, e.g., banks seeking speculative gains, political constituencies seeking entitlements and government entities at all levels whose budgets and deficits are too large compared to their revenues. All three factions...
Posted to
Hera
by
Ron Hera
on
Mon, Jul 19 2010
Filed under:
Filed under: Federal reserve, debt, GDP, Asia, Asian Tigers, China, central bank, Federal Budget, unemployment, Deindustrialization, Bailouts, Capitalism, Corporatism, Trade Deficit, Socialism, Totalitarianism, Offshoring, Outsourcing, Service Economy
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One of the most famous quotations of Austrian economist Ludwig von Mises is that “There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit...
Posted to
Hera
by
Ron Hera
on
Wed, Jun 2 2010
Filed under:
Filed under: US dollar, deflation, debt, inflation, GDP, M3, Hyperinflation, Ponzi scheme, unemployment, mortgage delinquencies and foreclosures, U-6
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The Illusion of a "Standard" of Life by Alex Merced Government constantly uses the concept of a "standard" of life in justifying it's policies in the name of improving this standard. Can there really be a standard, this is only possible if you believe in objective values and that...
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Ben Bernanke, Chairman of the US Federal Reserve, faces a Sisyphean task because US banks are experiencing debt deflation and, because lending is now at much lower levels, monetary deflation is encumbering the domestic US economy as existing debts continue to be serviced. Government deficit spending...
Posted to
Hera
by
Ron Hera
on
Wed, Mar 10 2010
Filed under:
Filed under: Federal reserve, US dollar, CPI, deflation, debt, inflation, GDP, central banks, money supply, US economy, central bank, M3
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Among the many opinions expressed by billionaire investor George Soros over the course of the 2010 World Economic Forum in Davos, Switzerland was his statement on January 28 in an interview with Maria Bartiromo , host of CNBC's Closing Bell , that "When interest rates are low we have conditions...
Posted to
Hera
by
Ron Hera
on
Sun, Jan 31 2010
Filed under:
Filed under: US dollar, CPI, inflation, GDP, China, Gold, World Economic Forum, M3, MB, Euro, Davos