Showing posts with label Rome. Show all posts
Showing posts with label Rome. Show all posts

Friday, May 21, 2021

GOLD BULL: Rome Is Burning And The Fed Is Trapped

I've posted the Fed has been trapped for a while.  It's gradually becoming more apparent.

https://kingworldnews.com/gold-bull-rome-is-burning-and-the-fed-is-trapped/

Friday, May 2, 2014

Paul Craig Roberts - U.S. To Collapse Just Like Rome

Roberts talks about ancient Rome debasing their silver currency by mixing in progressively larger amounts of lead.  Rome also "clipped" coins by making them smaller in size.

Today, the Fed creates fiat currency not with paper, but electronically.  This latest experiment in fiat will end like the rest of them...with tears.


http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/5/2_Paul_Craig_Roberts_-_U.S._To_Collapse_Just_Like_Rome.html

Wednesday, June 16, 2010

Federal Reserve Governor Fisher warns against Federal Reserve

http://www.zerohedge.com/article/federal-reserve-warns-about-dangers-federal-reserve

A not very long time ago, in a galaxy known as the Milky Way, the member of an occult group of sinister individuals warned that should this group ever get to a point where it believed it could fix fiscal problems through printing money, this would present "a paramount risk to the long-term welfare of the U.S. economy." The group is better known as the Federal Reserve and the individual was Dallas Fed president Richard Fisher. The same Richard Fisher, who recently wrote about the FinReg unaddressed concept of how Too Big To Fail will lead to another massive systemic crash, went as far as saying that "even the perception that the Fed is pursuing a cheap-money strategy to accommodate fiscal burdens" would be disastrous, and that "the Federal Reserve will never let this happen. It is not an option. Ever. Period."

With observations such as that "we know from centuries of evidence in countless economies, from ancient Rome to today’s Zimbabwe, that running the printing press to pay off today’s bills leads to much worse problems later on", one may only hope that all those who advocate even more rampant spending and irresponsible money printing to "fix" the economy, will finally see the light. Alas, mired in their own stupidity, they won't. And Fisher's words, so prescient in 2008, yet so ignored, will suffer the same fate today, and the Fed will continue on its way to singlehandedly destroying this once great country.

Saturday, May 8, 2010

The Road to Greece and Rome

Jacob Hornberger gives his Libertarian views on the financial crisis. He draws many parallels to the Roman empire.

http://www.fff.org/blog/jghblog2010-05-07.asp