Breakfast inflation

One of the least discussed and at the same time most important aspects of this economic crisis is the discrepancy between official inflation measures used by the FED, the Consumer Price Index( CPI) and, specially, Personal Consumer Expenditures (PCE), and the real inflation experienced by real people. One example of this last real inflation is … Continue reading Breakfast inflation

TYReads “One hundred years is long enough. End the Fed”

On the 100th anniversary of the creation of the Federal Reserve (FED), designed in secrecy by a group of Wall Street bankers and voted into existence by the American Congress on december 23 1913, Ron Paul publishes this article arguing that its creators have succeeded beyond their wildest dreams, and that the FED has taken … Continue reading TYReads “One hundred years is long enough. End the Fed”

TYReads The End Of German Hyperinflation

Today 90 years ago, on the 15 of November 1923, by fixing the value of the recently created Rentenmark at a rate of 1 trillion (1.000.000.000.000) Papermark per 1 Rentenmark, and one month later, by setting the rate of the Rentenrmark against the US Dollar at a rate of 4,2 Rentenmark per 1 US Dollar, … Continue reading TYReads The End Of German Hyperinflation

“He who controls the spice controls the universe.”

If you are a science fiction fan you'll probably remember Dune, the excellent novel (a series of them actually) by Frank Herbert, and the film by David Lynch based on the same book. In it, one of the villains, Baron Vladimir Harkonnen, utters “He who controls the spice controls the universe”, the spice being a rare … Continue reading “He who controls the spice controls the universe.”

4 April 2013 TYR reads

Helicopter QE will never be reversed @ The Telegraph Ambrose Evans-Pritchard hints at what the nature of the end-game of this monetary era might be...and it is printing money...forever. With an apparently neutral style and quoting potentially apocalyptic outcomes if permanent money printing by Central Banks is not considered ( "A breakdown of the global trading … Continue reading 4 April 2013 TYR reads

TYR watches “Jim Rogers: We’re Wiping Out The Savings Class Globally, To Terrible Consequence”

Jim Rogers: We're Wiping Out The Savings Class Globally, To Terrible Consequence @ Peak Prosperity Chris Martenson interviews Jim Rogers, an American investor and author. Rogers is the Chairman of Rogers Holdings and Beeland Interests, Inc. He was the co-founder of the Quantum Fund with George Soros and creator of the Rogers International Commodities Index (RICI). In the interview Jim Rogers draws attention on this unique … Continue reading TYR watches “Jim Rogers: We’re Wiping Out The Savings Class Globally, To Terrible Consequence”

Bernanke & Hockey Stick Inflation

Yesterday, in his biannual testimony to the USA Congress, the president of the Federal Reserve, Ben Bernanke, asserted that inflation under his and Mr. Greenspan's mandate was no more than 2% a year. While this might be "true" using Bureau of Labor Statistics (BLS) data, please check ShadowStats for a true picture of inflation in … Continue reading Bernanke & Hockey Stick Inflation

24 January 2013 TYR reads: Apparitions in the Fog

Apparitions in the Fog @ The Burning Platform In this apocalyptic article, Jim Quinn exposes the foundations of the present economic "system". With the assistance of a series of charts, it is convincingly argued that: the economic recovery is a mirage, that the middle class is being destroyed in the USA, and by extension in the … Continue reading 24 January 2013 TYR reads: Apparitions in the Fog

Make nominal spending the new target? We hope not.

In the January 2 2013 edition of the Financial Times Mr. Scott Summer, economics professor at Bentley University, publishes an article titled Make nominal spending the new target, where he argues for the revolutionary, and increasingly MSM-pushed idea of making Nominal GDP Targeting (NGDPT) the official policy of central banks in most western countries. This policy … Continue reading Make nominal spending the new target? We hope not.

TYR 20 December 2012 reads

Why Reported Inflation Seems Different Than Reality @ StreetTalkLive In this article Lance Roberts explains clearly how and why reported inflation understates real inflation, by a wide margin, and how this is one of the main factors contributing to the ongoing reduction in the standard of living in America. Amazing Chi Energy “Iron Shirt” Demonstrations @ … Continue reading TYR 20 December 2012 reads