The situation in Ferguson, Missouri is one that consists of riots, overturning cars, smashing windows and chaos. Whether or not the Grand Jury’s decision to refuse to indict was indeed the correct one, the violence occurring in Ferguson is unacceptable. What does smashing the window of a small business achieve? Nothing – maybe economic prosperity, […]
Archives for November 2014
We’re in a currency war (whether we like it or not)
The United States Federal Reserve System has ceased its aggressive quantitative easing program – for now. Although the U.S. central bank has temporarily suspended or minimized money-printing operations – it did create more than $4 trillion of new money in the past few years – other central banks are ramping up the money-printing schemes. The […]
Peter Schiff responds to Paul Krugman attack (video)
Peter Schiff responded to an article penned by Keynesian economist Paul Krugman entitled “The Wisdom of Peter Schiff.” He attempts to discredit both Schiff and Austrian Economics by essentially arguing the vast money-printing by the Federal Reserve proves that keeping the printing presses on all day doesn’t create a crisis. In other words, the astronomical […]
Dutch central bank quietly repatriates gold from U.S. to Amsterdam
Remember when Germany attempted to repatriate its gold holdings from the United States Federal Reserve System but ultimately failed? Well, one country has successfully regained their gold reserves from the surreptitious U.S. central bank. The Dutch central bank clandestinely brought back a considerable portion of the national gold reserves that were being stationed in a […]
Week in Review: Nov. 17 to 23
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: Peter Schiff: When Wall Street screams for help the Fed will revive QE (hot) Gold expected to fall to $950 next year: Credit Suisse (hot) Japan’s sales tax […]