Month: November 2010
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Chinese Monetary Policy Set By – Ben Bernanke?
The Chinese economy, at least the part we can measure, is fast closing on Japan's status as the second most productive in the world. With a wall of secrecy still solidly in place between China and rest of the world, especially the West, researchers can only estimate the true economic output of this communist juggernaut.…
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Why the Dollar is Called a Fiat Currency
The concept of a central bank has not always existed in the world and didn’t appear on the scene in America until 1913, allegedly created by an act of Congress but surreptitiously organized by a wealthy group of bankers at a clandestine meeting off the coast of Georgia, gathered at a place known as Jekyll…
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Federal Reserve Poised to Self Destruct
<a href="https://americanmonetaryassociation.org/wp-content/uploads/sites/15/2010/11/self-destruct-agitprop.jpg"><img class="size-thumbnail wp-image-126 alignleft" src="https://americanmonetaryassociation.org/wp-content/uploads/sites/15/2010/11/self-destruct-agitprop-150×150.jpg" alt="Federal Reserve" width="150" height="150" /></a>You can't really be blamed if you thought that QE 2 still referred to the Cunard cruise ship Queen Elizabeth 2, but that ocean majesty retired in 2008 and we're left with a new version of QE 2. This time around QE 2, or Quantitative…
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Does Mr. Bernanke Suffer From A Brain Blockage?
After analyzing comments made by Mr. approval cialis fda Ben Bernanke before the National Economists Club in 2002, we’re concerned that our current Federal Reserve Chairman might be operating under the burden of a non-lethal brain blockage. At least that’s the only conclusion we at the American Monetary Association can reach after reading the following…