vlogolution network » daily show

Saving our Economy by Destroying the Dollar – the Absurdity of Federal Reserve Policy

Alexander P Morris — Wed, 17 Oct 2007 22:00:00 +0000

Another interesting interview with Daryl Montgomery of the New York Investing Meetup (http://investing.meetup.com/21), describing what has happened to the value of the dollar since the Fed cut rates back in mid-September.

The Culprit Behind the Housing Bubble – abridged version

Alexander P Morris — Fri, 05 Oct 2007 22:00:00 +0000

“In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold.” You’ll be shocked to learn that it was actually Alan Greenspan who authored these words, before he became Chairman of the private Federal Reserve Bank. What are the implications of his actions, contrary to his initial beliefs, into the future? We are only beginning to find out…

This abridged version contains only my synopsis, and does not include Alan Greenspan’s article on “Gold and Economic Freedom”. It does, however add an extra bit about 2007′s top performing Stock Market in Zimbabwe! It’s up over 12,000% in 12 months! Of course, the country’s consumer price index was rising (i.e., the purchasing power of currency declining), was also rising at a rate of 1,729% a year. So how much are all those Zimbabwees worth anyway, even in dollars?

The Real Culprit Behind the Housing Bubble – The Truth about Gold and Economic Freedom

Alexander P Morris — Tue, 02 Oct 2007 22:00:00 +0000

“In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold.” You’ll be shocked to learn that it was actually Alan Greenspan who authored these words, before he became Chairman of the private Federal Reserve Bank. What are the implications of his many actions, contrary to his initial beliefs, into the future? We are only beginning to find out…

Protecting Yourself from Inflation and the Credit Bubble with Daryl Montgomery of the NY Investing Meetup

Alexander P Morris — Wed, 26 Sep 2007 22:00:00 +0000

Very interesting interview with Daryl Montgomery of the New York Investing Meetup (http://investing.meetup.com/21) on inflation, the real-estate/credit bubble, where we may be headed, and how you can protect yourself (and potentially profit) from our currently accelerating inflationary environment.