Entries Tagged as 'federal reserve'

Double Dips and Currency Wars

July 9th, 2010 42 Comments

Stacy Summary: I found this video interview with Chris Whalen via Jesse’s Cafe Americain. And here is another article from his site with some great, if scary, charts (see one below) about the recent deterioration in the US housing market. Pending home sales:

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Financial Terrorist Playing Cards Now Available to Order

July 4th, 2010 43 Comments

Stacy Summary: @jischinger has made this awesome deck of financial terrorist playing cards and they are now ready to order! You can see samples of some of the cards here. From MaxKeiser.com Images From MaxKeiser.com Images

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Reflexivity and Fraud: Manipulating Polls, Prices, Perceptions, and Outcomes

June 30th, 2010 30 Comments

Any serious student of markets knows the ‘Efficient Market Theory’ is hokum. George Soros’ ‘Reflexivity Theory’ rules. In short, prices change perception and since most trading is done based on perception the case for fundamental analysis goes out the window. Example: dot coms in 2000.  Into this mix add the fraudsters on Wall St. who [...]

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Economics is hard, so you should only trust the experts

June 28th, 2010 214 Comments

Stacy Summary:  Oh boy.  This paper from The Federal Reserve Bank of Richmond is doing the rounds all over the blogosphere this morning.  Would love to have your thoughts on their argument.  I know we had one ‘there is no housing bubble in Canada’ commenter who is no longer on the site, but he would [...]

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Guest Post: Will you answer JFK’s call?

June 27th, 2010 61 Comments

“Ask not what your country can do for you.  Ask what you can do for your country.” That wasn’t just another cheap talking point from a politician’s speechwriter.  It was the last real president’s attempt to remind the American people of the need to self-govern, to play our part in keeping the republic, rather than [...]

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High Frequency Terrorism: A Day That Will Live in Infamy [UPDATED]

May 10th, 2010 106 Comments

Stacy Summary:  Lest we forget about last week’s news . . . High Frequency Terrorism:  A Day That Will Live in Infamy Manchurian Candidate Market (Ritholtz)

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[Audio] Max Keiser on Thom Hartmann

November 19th, 2009 124 Comments

Stacy Summary: In case you missed it, here is Max on Thom Hartmann Show. Download it here For more download & listening options visit Archive dot org

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“People want to kill somebody, but they don’t know who to shoot at”

October 20th, 2009 42 Comments

Stacy Summary:  Swaps wiping out counties, countries and financial systems across the world . . . How the Federal Reserve Bailed out the World Interest rate swap Armageddon in Alabama “People want to kill somebody, but they don’t know who to shoot at” Jefferson County’s debacle is a parable for billions of dollars lost by [...]

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‘Tight’ credit undermines Fed easy money ‘growth’ efforts

September 23rd, 2009 45 Comments

Stacy Summary:  The Bloomberg headline is the deflationary argument you have been hearing from Steve Keen, Mish, etc.; I have linked to a blog entry by Keen that discusses what this credit contraction means in terms of the flations. Fed growth effort may be undermined by ‘tight’ credit It’s hard being a bear:  rescued? So [...]

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Multiple simultaneous ‘debt explosions’

July 6th, 2009 60 Comments

Stacy Summary:  Okay, I have eyewitness deflation report for you.  A rather posh restaurant only 50 yards from our apartment has had a fixed lunch menu for 4 years now set at 25 euros.  This included three courses and a glass of wine and the place was always packed (it’s not exactly an enormous restaurant).  [...]

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