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Keyword: debasement

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  • The Great Withdrawal: How the Progressives' 100-Year Debasement of America and the Dollar Ends

    10/30/2013 1:14:29 PM PDT · by Jack Hydrazine · 14 replies ^ | 30OCT2013 | Craig R. Smith and Lowell Ponte
    Detroit was to be a workers' paradise, a symbol of progressive success. Instead, it has become a symbol of big government failure, corruption, violence, and decay. In 2013, after a great withdrawal of more than a million productive residents, once-great Detroit became the largest American city ever to declare bankruptcy. "The Great Withdrawal" explores why Detroit failed, why other liberal cities may soon follow, and how this could drag America into insolvency and prolonged depression. It explores the bizarre Nanny Statist Progressive movement that took power in America in 1913 and has driven America on a 100-Year detour away from...
  • Oflation Highlights Chilling Similarities between Obama & Emperor Nero

    08/13/2013 10:31:47 PM PDT · by publius321 · 9 replies
    Craving of Fame, Lavish spending and unprecedented currency debasement. Comparing and contrasting the two tyrants. (video)
  • From Currency Debasement To Social Collapse: 4 Case Studies

    10/02/2012 9:02:45 AM PDT · by SeekAndFind · 5 replies
    Zero Hedge ^ | 10/02/2012 | Tyler Durden
    At its most fundamental level, SocGen's Dylan Grice notes that economic activity is no more than an exchange between strangers. It depends, therefore, on a degree of trust between strangers. Since money is the agent of exchange, it is the agent of trust. Debasing money therefore debases trust. Grice emphasizes that history is replete with Great Disorders in which social cohesion has been undermined by currency debasements. The multi-decade credit inflation can now be seen to have had similarly corrosive effects. Yet central banks continue down the same route. The writing is on the wall. Further debasement of money...
  • Destroying the Dollar For Something Logically Impossible

    08/19/2011 6:33:22 AM PDT · by SeekAndFind · 2 replies
    Real Clear Markets ^ | 08/18/2011 | Jeffrey Snider
    The politics of economics has again risen in the wake of the stock market's recent haircut. Economists and experts from both the right and the left are now falling all over themselves to "do something". Why the stock market is the universal signal, the hunter's bugle call to action, is not yet known. After all, the economic and financial problems of August 2011 have been largely unchanged since August 2007, and indications of these unresolved imbalances have been, and continue to be, numerous. What is troubling is this bipartisan political urge to "do something". In the space of a few...

    02/10/2005 6:27:02 PM PST · by Quix · 6 replies · 1,381+ views
    A Glimpse Ahead Timothy Snodgrass The Impossible Will Come Alive In 2005 01/28/05 In January of 2004, as we began to intercede for the New Year the Holy Spirit gave us the prophetic slogan, "The Seas will Roar in 2004". This year we were given a new slogan, "The Impossible will come Alive in 2005". As the veil of darkness begins to come down over nations and regions, along with great shakings will come great breakthroughs; signs, wonders, healings and a spectacular release of miracles in impossible circumstances. This year, although we are ultimately poised to gain much ground, there...
  • Jesse Jackson Weighs In On Super Bowl Halftime Show

    02/02/2004 4:27:59 PM PST · by Recovering_Democrat · 67 replies · 1,081+ views
    Are you ready to play some Hardball? Not so fast, to join this game you’re going to really have to know your stuff, because nobody knows politics like Chris Matthews.