Saturday, September 24th, 2016 MST

Category: Hyperinflation

Ron Paul under attack

“First they ignore you, then they laugh at you, then they fight you, then you win.” — Mahatma Gandhi Mahatma Gandhi successfully sought the overthrow of tyrannical British rule in India via non-violent civil protests. In doing so, the above quote became synonymous with his name. Basically, Gandhi’s quote outlines how new ideas are received

$50,000 gold?

Jim Sinclair recently predicted $3,200 – $3,500 gold by 2020 and  “emancipated gold” hitting $50,000.  Because of Sinclair having made some really accurate calls in the past, his prediction caused quite a stir in the gold community.  Even Ron Paul commented and gave reasoning why Sinclair’s predication is not preposterous.

Krugman’s recipe for economic prosperity: Print more food stamps.

If you are ever in need of an example of economic fallacy in print, Paul Krugman’s blog is a great place to start. His recent offering on the economic benefits of food stamps is no exception: “Indeed, estimates from the consulting firm Moody’s Analytics suggest that each dollar spent on food stamps in a depressed economy raises

It’s debt ceiling time again

On Friday, Treasury Secretary Jacob Lew sent a letter to House Speaker John Boehner, informing him that the Treasury will begin taking “extraordinary measures” in order to keep the Federal debt below the legal limit. Such measures could include redeeming current investments in the retirement accounts of civil service workers and would keep things running

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