John Perkins, Economic Hitman

The Fed’s Magic Money-Printing Machine, Act 2

Rolling Stone Matt Taibbi October 8, 2010 It’s amazing, given the attention the Tea Party allegedly is paying to government waste and government spending, that there hasn’t been more controversy about the now-seemingly-inevitable arrival of “QE2” – a second massive round of money-printing cooked up by the Fed to prop up both the government and [...]

How and Why The World Financial System Has to Collapse

The Dollar Vigilante Jeff Berwick “Bond Vigilante” – Definition: “A bond vigilante is a bond market investor who protests monetary or fiscal policies they consider inflationary by selling bonds, thus increasing yields.” – Wikipedia “Dollar Vigilante” – New Term: ”A dollar vigilante is a free market individual who protests the government monopoly on money and [...]

Fed’s volte face sends the dollar tumbling

telegraph.co.uk Ambrose Evans-Pritchard July 15, 2010 The US workforce has shrunk by a 1m over the past two months as discouraged jobless give up the hunt    Photo: AP The euro rocketed to a two-month high of $1.29 and sterling jumped two cents to almost $1.54 after the Fed confessed that the US economy may not [...]