Dec 17 2008
U.S. Treasury and Fed Determined to Destroy Dollar and Force Savers to Spend: Investing in a Government Hoping for a U.S. Dollar Collapse.
Tuesday’s action by the Federal Reserve has placed us into the history books. The Fed cut the federal funds rate to an unprecedented 0.25% and gave a rather firm statement that they are prepared to keep the rate at this low level as long as the markets deem it necessary. When asked why they didn’t [...]
Dec 12 2008
How to get out of Debt: Can it be the American Consumer is Contributing to Deflation by Paying off Debt?
The Federal Reserve flow of funds report was issued this week and for the first time since 1951, when records started being kept household debt has actually declined. The larger meaning of this? Many Americans simply cannot take on anymore debt. What it also means is that many Americans are more reluctant to take on [...]
