Neoconservative Ideology “Supports US Financial And Military-Political Imperialism” - Interview of Paul Craig Roberts by The Saker (31/3/15) PDF Print E-mail
Administrator   
Tuesday, 31 March 2015 09:56

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Repeal, Don’t Reform The IMF! - By Ron Paul (31/3/15) PDF Print E-mail
Ron Paul   
Tuesday, 31 March 2015 09:53

The Daily Bell

A responsible financial institution would not extend a new loan of between 17 and 40 billion dollars to a borrower already struggling to pay back an existing multi-billion dollar loan. Yet that is just what the International Monetary Fund (IMF) did last month when it extended a new loan to the government of Ukraine. This new loan may not make much economic sense, but propping up the existing Ukrainian government serves the foreign policy agenda of the US government.

Since the IMF receives most of its funding from the United States, it is hardly surprising that it would tailor its actions to advance the US government's foreign policy goals. The IMF also has a history of using the funds provided to it by the American taxpayer to prop up dictatorial regimes and support unsound economic policies.

Some may claim the IMF does promote free markets by requiring that countries receiving IMF loans implement some positive economic reforms, such as reducing government spending. However, other conditions imposed by the IMF, such as that the country receiving the loan deflate its currency and implement an industrial policy promoting exports, do not seem designed to promote a true free market, much less improve the people's living standards by giving them greater economic opportunities.



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Why The Mania Is Getting Scary - Central Bankers Are Running A Doomsday Machine - By David stockman (31/3/15) PDF Print E-mail
David stockman   
Tuesday, 31 March 2015 09:51

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Financial Markets Are More Distorted Than Ever - By Pater Tenebrarum (30/3/15) PDF Print E-mail
Pater Tenebrarum   
Monday, 30 March 2015 08:25

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Santelli Stunned As Janet Yellen Admits "Cash Is Not A Store Of Value" - By Tyler Durden (30/3/15) PDF Print E-mail
Tyler Durden   
Monday, 30 March 2015 08:23

Zero Hedge

Intended warning or unintended slip? After Alan Greenspan's confessional admission that

"Gold is a currency. It is still, by all evidence, a premier currency. No fiat currency, including the dollar, can match it,"

we found it remarkable that during the Q&A after her speech today that Janet Yellen, when asked about negative rates, admitted that

"cash is not a very convenient store of value,"

seemingly hinting at Bernanke's helicopter and that there will be no deflation in The US ever... 
Rick Santelli then sums it all up perfectly... 

"deflation is clearly the boogeyman... and the only thing that will save the middle class."





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