Usury rethought & The High Costs of Very Low Interest Rates

usury extortion credit cards

“What is especially frustrating is that supporters of 0% interest rates have a stark example of the policy’s failure staring them in the face: Japan. Following the bursting of its credit bubble in 1990, Japan eventually brought its equivalent of the Fed rate down to a then-unprecedented 0.25%. The nation proceeded to suffer a “Lost [...]

Inflation or deflation? Eventually it’s the former no matter what

inflation vs deflation

For people who so-called predicted this downturn (probably predicted it 1 year ago), they certainly are missing the real threat. No it’s no inflation, it’s deflation. Ever wonder why the US dollar is increasing in value while everything else crashes in price? (housing, oil, and all other commodities?). It’s called deflation, and something much worse [...]

What The Pope Knows About Business

jesus money

It seems today everyone has come to weigh a plan for the economy (even the Pope). This week, as G8 leaders gathered to argue about the best ways to heal the economic ills facing the world, the Vatican presented their own plan: share and be nice to each other. The idea of economic and social [...]

The U.S. New ‘Berlin Wall’

berlin wall

A new passport requirement set by the United States Homeland Security department has been watched very closely by officials and interested laymen for the past few years that will likely make life extremely more difficult for the Canadian economy, but particularly those industries reliant on consumers and tourists from the United States spending their hard [...]

Gold Is Still Money In Faithless Society

fields of gold

The following article is excerpted from a new book on gold and silver produced by Robert Precht, founder and CEO of the technical analysis and research firm Elliott Wave International. For the rest of this fascinating 40-page eBook, download it free here. Have you ever traveled abroad and took a look at the local currency [...]

Doomed by the Myths of Free Trade

An Obama In Bush Clothing

So called “free trade” has done nothing but create an ultra rich and ultra poor working class, all the while the middle class has been shafted down the black hole of poverty. What mainstream economists do not tell the formerly industrialized nations of the world when they are trying to sell the benefits of free [...]

How To Resuscitate The Middle Class

middle class 60s

The 1960s were the decade in which my parents grew up. Their parents were the so-called, Greatest Generation and I, for one, think that term is appropriate, given that childhood was the Great Depression and their early adulthood has been the fight against Second World War, a series of experiments almost beyond my hands. Generation [...]

Made in America: Nothing But A Memory?

An Obama In Bush Clothing

Slowly, America is being turned into a service sector based economy, where a majority of the occupations are preoccupied with servicing products manufactured elsewhere, while the supposed home head quarters of corporations which manufacture items out of the country remain in the home nation. Indeed, and similarly in Canada, one fifth (1/5) of the economy [...]

US President Admits: ‘We’re Out Of Money’

An Obama In Bush Clothing

Upon surfing regular information channels this Saturday, an interesting article came up from a major website that is frequently visited. It seems that the US is officially bankrupt, and even the United States President has admitted it during an interview with C-SPAN. C-SPAN Host Steve Scully went into an unusual tangent by asking difficult questions [...]

Audit Central Banks, Then End Them!

jesus and moneychangers

Ron Paul has been a tireless advocate for freedom, social change, monetary individualism, and social justice through his support of the abolishment of various organizations, laws, and enactments encroaching on the individual liberty of freedom loving people everywhere, but particularly the United States of America, the home of the previously (circa 19th and 20th centuries) [...]