Showing posts with label Former. Show all posts
Showing posts with label Former. Show all posts

Monday, September 8, 2014

Obama's Former Chief Economist Calls For An End To US Dollar Reserve Status

This Keynesian economist WANTS USdollar hegemony to end?  Might as well give the dollar its last rights before the hanging.  The death of the USDollar--by suicide.  That will make a great headline.

Next thing we know, the Fed Chairman will be dumping dollars out of a helicopter.   Ooops, it's already happened.

What's that other expression?  Be careful what you wish for; you may get it.

http://mobile.nytimes.com/2014/08/28/opinion/dethrone-king-dollar.html?referrer=&_r=3

Monday, August 11, 2014

Former Bank Of England Head Mervyn King "Monetary Policy Isn't The Answer"

http://www.zerohedge.com/news/2014-08-11/former-bank-england-head-mervyn-king-monetary-policy-isnt-answer
 
Why is it that central bankers always wait until after they quit their job before telling the truth?

In his keynote address, former governor of the Bank of England Mervyn King gave the Australian mining industry some hope for a brighter future, arguing world insecurity could have a positive impact on the price of gold and other commodities.

He said the geopolitical and economic uncertainty will boost commodity prices.

But he argued globally countries would have to face up to mounting debt, while warning central bank adjustments were not the answer.

"We are beginning to discover that the reason the world recovery is so slow is that monetary policy isn't the answer now, and other policies need to be put in place to rebalance the world economy," he said.

Friday, June 7, 2013

Former White House Official Discusses Gold Manipulation

This is absolutely nuts.  A former White House official and former member of the U.S. President’s Working Group on Financial Markets (aka "Plunge Protection Team") <click here> exposes the government and Fed manipulation in financial markets, specifically gold.

Of course, the average person won't understand this--or even worse--understands it, but won't care or won't take action.  I do--and so should you.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/6/7_Former_White_House_Official_Discusses_Gold_Manipulation.html