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Many of you have already read this past Sunday’s excellent and deeply disturbing article published by the New York Times regarding the shady and inappropriate activities regularly conducted by U.S.
One of the great absurdities concerning the talking-heads who masquerade as “journalists”, and the laughable charlatans who masquerade as “economists” is that both groups have accepted (as truth) enormous quantities of economic mythology, without the slightest analytical scrutiny.
Competitive devaluation is a deliberate strategy of undermining the value of one’s own currency, by engaging in monetary policies which deliberately drive down its exchange rate.
The pound tanked to a one-month low today as traders said comments made by the Bank of England’s IanMcCafferty hurt the currency. In what could possibly be the funniest and most creative graduation speech ever, 8th grade student Jack Aiello takes on the role of your favorite Presidential candidate while recollecting his junior high memories. The anarcho-capitalism that Murray Rothbard favored differed entirely from the American system of government, and he saw the State as a gang of robbers. I have never known anyone with as great an ability to amass and retain information as Murray Rothbard.
August, typically a sleepy month for corporate bond issuance heading toward the Labor Day holiday weekend, has seen record issuance in its first six days, according to New Albion Partners LLC. Companies sold $70 billion of bonds in the six-day stretch, already more than half the normal monthly average issuance of $125 billion.
Bernanke argues that the long-term dot plot for GDP is a judgment about the potential growth. After a Virginia toddler was bitten by a copperhead snake in his backyard last week, he was rushed to the hospital for life-saving medication — but now his parents are facing tens of thousands of dollars in medical bills. At Inova Fairfax, Auden endured 16 vials of anti-venom treatment at $3,000 each — costing close to $50,000.
David Rockefeller is arguably the longest-lived power behind the throne in American history.


He served as chairman of Chase-Manhattan Bank (1969-81), a giant bank in his day, which merged with a giant, J. Under his term as CEO, Chase spread internationally and became a central pillar in the world’s financial system; Chase has a global network of correspondent banks that has been estimated to number about 50,000, the largest of any bank in the world. Many a-list celebs have tones of fame but their fortunes are small potatoes compared to these folks, the billionaires. The story of millionaire Simon Cowell, who dropped out of school at 15, worked for Sony BMG and EMI Music.
Our roundtable guests talk about their roles as agents and being acknowledged by their clients.
The world knows Valeria Lukyanova as the girl who turned herself into a real-life Barbie doll.
Nowhere is this more true than with the ludicrous dogma known by the euphemism “competitive devaluation”. This is what passes for economic wisdom in the Western world: the way to build your economy is to devalue your currency (as rapidly as possible) in order to supposedly make yourself “more competitive” in export markets.
BoE policymaker McCafferty wrote in the Times that more quantitative easing was likely to be required and the central bank rate could be cut further if the post-Brexit economic decline in the UK worsens. He not only followed presidential campaigns, but he had a detailed knowledge of Congressional races as well.
Like his mentor Joseph Dorfman, he studied historical movements by learning as much as he could about all the people, both major and minor, involved in events. And for stock investors, this phenomenon means that the debt-fueled share buyback craze may be revived.
His latest post offers insight on how to think about the Federal Reserve’s and, in particular, Fed officials’ understanding of the US economy.


That sum doesn’t include his emergency room visit, medical transfer between hospitals and the three days he spent in the intensive care unit because of an allergic reaction to the treatments.
But I suspect doubts in the Deep State have advanced to active sabotage for the reasons noted below. In 1973, Chase established the first branch of an American bank in Moscow near the Kremlin, in the then Soviet Union. An environment in which crony insiders who add zero value to society parasitically feast on the country’s treasure. He could take any Congressional district in the United States and tell you who was running and what the main issues in the district were. The shorter-term forecasts are an assessment of where the economy is going in the current cycle, while the longer-term forecasts are more about structural relationships. Yes, his grandfather had provided money to create the school, but the economics department was rigorous. That year Rockefeller traveled to China, resulting in his bank becoming the National Bank of China’s first correspondent bank in the United States. NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, COMMODITIES, OPTIONS, BONDS, OR FUTURES.
In the case of so-called “think tanks,” we have organizations receiving copious taxpayer subsidies for the privilege of screwing over the American public. ACTIONS YOU UNDERTAKE AS A CONSEQUENCE OF ANY ANALYSIS, OPINION OR ADVERTISEMENT ON THIS SITE ARE YOUR SOLE RESPONSIBILITY.



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