The Currency Wars
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On today’s edition of Coffee and Markets, Pejman Yousefzadeh and Kevin Holtsberry are joined by James Rickards, to discuss why the Federal Reserve is wrong to keep interest rates at zero, concerns about inflation, and that increased regulations are needed on American banks.
We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. We hope you enjoy the show.
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6 Comments
if they let interest rates increase Goldman Sachs and the Big Banks wouldn't make any money…
That is what is important; keeping those behemoths afloat by allowing them to borrow unlimited amounts of digitized currency at near zero percent which they can then invest- not 'loan'- but invest in T-bills and short term low risk/high reward schemes. Why do you think the elfin Timmy Geithner is in charge of the Fed along with fellow Goldman Sachs alumni Bernancke- and Geithner was to be replaced by Jon Corzine!
A man who should be soon wearing prison stripes one hopes…
There's a great commentary about this from Peter Schiff today. Excellent read.
Bernanke debases our currency through all of the QE's and then b!tches at the Chinese when they mess with theirs. Meanwhile, the world is taking about removing the US Dollar as the world reserve currency….
…..you want to see things turn upside down for us—? Let that happen and we will.
Let Austrian economics show you the way.
Enjoy the Lord Keynes vs F.A. Hayek rap video. Oh, and that is Eddie Murphey's brother singing. http://www.youtube.com/watch?v=GTQnarzmTOc
Oh, and the dead ringer portraying Fed chair Bernanke in the video was the director's father. The video is worth a watch just for that.
QE3 and the Globalist Plan to Destroy the Dollar
http://www.youtube.com/watch?v=DWYk357SM_A
Hayek on Keynes interview. http://www.youtube.com/watch?v=VqU-AZh-wqU&fe...
"The time is near at hand which must determine whether Americans are to be free men or slaves."
George Washington
A HUGE LIE from the Head of the FED!
http://www.youtube.com/watch?v=TbBOohBvKDk&fe...
"The time is near at hand which must determine whether Americans are to be free men or slaves."
George Washington
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