Archives for October 2014

Japan Mimics Bernanke: BOJ ramps up government bond purchases to $725 billion

Japan, the world's No. 3 economy, is attempting to rev up its overall economy and fight off threats of deflation by ramping up its annual acquisition of government bonds, a move that would print vast sums of money and insert new yen into the … [Read more...]

Alan Greenspan: It’s not possible for the Federal Reserve to end cheap money policies

Former Federal Reserve Chair Alan Greenspan made some very interesting comments this week following a speech to the Council on Foreign Relations (CFR). Greenspan, who was the instigator of many bubbles throughout his tenure, touched upon a variety of … [Read more...]

The Federal Reserve creates income inequality

The latest topic to dominate economic policy and election cycles is income inequality. The tired phrase "the rich get richer and the poor gets poorer" is regurgitated incessantly by most protesters, anti-poverty organizations and liberal politicians … [Read more...]

Heated CNBC debate with Peter Schiff over gold (video)

Peter Schiff hasn't been this explosive in quite a long time. Schiff appeared on CNBC on Tuesday to discuss gold, but one trader attacked the Euro Pacific Capital CEO for predicting the yellow metal would reach $5,000 at around this time. Schiff … [Read more...]

Remember, the dip in gas prices is keeping CPI from exploding

Price inflation is pretty rampant in the United States right now. However, the only thing that is keeping it from skyrocketing is the dip in gas prices, which has been due to the exploding oil shale and fracking operations within the U.S. Gas … [Read more...]

Retirement Poll: One-quarter of Americans would rather die than outlive savings

The current and future state of retirement in the United States is in a crisis. People aren't saving enough, consumers aren't sacrificing their imbibing habits, workers aren't earning enough and interest rates are at record-lows. It seems those on … [Read more...]

Bitcoin price falling, popularity increasing – can digital currency survive?

The peer-to-peer decentralized digital currency bitcoin was flying high at around this time last year. It reached nearly $1,200 last November, but has since fallen to around $350, which has prompted many to call for its demise. Although bitcoin … [Read more...]

Janet Yellen’s 2014 YTD calendar

Are you interested in what Federal Reserve Chair Janet Yellen's calendar has consisted of since helming the United States central bank this year? The Wall Street Journal obtained her schedule through a Freedom of Information Act request, and it … [Read more...]

Jim Rogers: ‘We’re all going to pay a terrible price’ for central bank stimulus

Since the economic collapse a few years ago, the primary policy initiative for the Federal Reserve and central banks all over the world has been to print, reduce interest rates to near zero and provide cheap money to stock markets. It's a recipe for … [Read more...]

Week in Review: Oct. 20 to 26

In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: Federal Reserve officials not ruling out possible QE4  (hot) Chart: 6 nations doomed if oil prices … [Read more...]