https://bombthrower.com/articles/no-coiners-dont-get-it-its-not-up-to-the-government/
Showing posts with label government. Show all posts
Showing posts with label government. Show all posts
Monday, September 27, 2021
Monday, March 13, 2017
Wednesday, August 24, 2016
Wednesday, June 1, 2016
Thursday, August 20, 2015
Tuesday, March 24, 2015
Saturday, March 14, 2015
Tuesday, September 2, 2014
Tuesday, August 12, 2014
Thursday, June 26, 2014
Thursday, November 21, 2013
Wednesday, November 20, 2013
Sunday, October 6, 2013
Monday, August 26, 2013
Thursday, August 1, 2013
Wednesday, July 31, 2013
Countering devaluation: Govt slaps temporary ban on gold import
The Indian and Pakistani governments are ensuring the impoverishment of their citizens by restricting and banning gold imports. The masses' purchasing power will be slaughtered when their respective sovereign currencies collapse from over-printing.
http://tribune.com.pk/story/584352/countering-devaluation-govt-slaps-temporary-ban-on-gold-import/
http://tribune.com.pk/story/584352/countering-devaluation-govt-slaps-temporary-ban-on-gold-import/
Labels:
Countering devaluation,
gold import,
government,
India,
Pakistan,
slaps,
temporary ban
Tuesday, July 30, 2013
Saturday, July 20, 2013
Thursday, July 11, 2013
Klarman Clarity: "If The Government [Still] Can't Allow Failure Then We Are Indeed Close To Collapse"
http://www.zerohedge.com/news/2013-07-11/klarman-clarity-if-economy-so-fragile-government-cant-allow-failure-then-we-are-inde
Is it possible that the average citizen understands our country's fiscal situation better than many of our politicians or prominent economists?
Most people seem to viscerally recognize that the absence of an immediate crisis does not mean we will not eventually face one. They are wary of believing promises by those who failed to predict previous crises in housing and in highly leveraged financial institutions.
They regard with skepticism those who don't accept that we have a debt problem, or insist that inflation will remain under control. (Indeed, they know inflation is not well under control, for they know how far the purchasing power of a dollar has dropped when they go to the supermarket or service station.)
They are pretty sure they are not getting reasonable value from the taxes they pay.
When an economist tells them that growing the nation's debt over the past 12 years from $6 trillion to $16 trillion is not a problem, and that doubling it again will still not be a problem, this simply does not compute. They know the trajectory we are on.
When politicians claim that this tax increase or that spending cut will generate trillions over the next decade, they are properly skeptical over whether anyone can truly know what will happen next year, let alone a decade or more from now.
They are wary of grand bargains that kick in years down the road, knowing that the failure to make hard decisions is how we got into today's mess. They remember that one of the basic principles of economics is scarcity, which is a powerful force in their own lives.
They know that a society's wealth is not unlimited, and that if the economy is so fragile that the government cannot allow failure, then we are indeed close to collapse. For if you must rescue everything, then ultimately you will be able to rescue nothing.
They also know that the only reason paper money, backed not by anything tangible but only a promise, has any value at all is because it is scarce. With all the printing, the credibility of our entire trust-based monetary system will be increasingly called into question.
And when you tell the populace that we can all enjoy a free lunch of extremely low interest rates, massive Fed purchases of mounting treasury issuance, trillions of dollars of expansion in the Fed's balance sheet, and huge deficits far into the future, they are highly skeptical not because they know precisely what will happen but because they are sure that no one else--even, or perhaps especially, the policymakers—does either.
Friday, June 21, 2013
Nigel Farage - The Government Is Going To Steal Your Money
Farage is the European equivalent of Ron Paul, only he's more articulate and forceful than the recently retired Texas Congressman.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/6/21_Nigel_Farage_-_The_Government_Is_Going_To_Steal_Your_Money.html
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/6/21_Nigel_Farage_-_The_Government_Is_Going_To_Steal_Your_Money.html
Labels:
government,
Nigel Farage,
Steal Your Money
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