For twelve years the US trade deficit financed the US budget deficit and held down US interest rates. From 1996 to 2008, the US trade
Richard Duncan
Recent Posts by Richard Duncan
Perhaps the greatest mystery in the world of finance and economics is why Fed Chairman Ben Bernanke refuses to acknowledge that paper money creation by
A worldwide economic depression began in 2008. This New Depression was caused by the same factors as the Great Depression and followed exactly the same
The single most important development affecting the global economy over the past decade has been the creation of $7 trillion worth of paper money by
The United States trade deficit hit $2 million A MINUTE in 2006. That was the rate ($800 billion that year) at which the US was