Monty Pelerin's World

Economic, Financial and Political Analysis

Archives for May, 2011

Rioting Over the Weekend

From the Drudge Report today are the following articles: UPDATE: MIAMI ‘WAR ZONE’ DURING URBAN WEEKEND… ‘I was scared for my life’… Poet ‘Da Real One’ Gunned Down In Front Of Miami Poetry Cafe… Violent crime explodes in Myrtle during Black Bike Week; 8-hour hell… Rib Fest At Rochester beach turns rowdy… Riot On Long [...]

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The Once-Mighty Dollar

Ben Bernanke’s Quantiative Easing is destroying the dollar. The destruction is worse than it appears when compared to a basket of currencies because many currencies in the reference basket are also being destroyed at various rates. The results of economic stimulus around the world in an effort to fight off the economic crisis is producing [...]

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The Extremist Ron Paul

Ron Paul

Thomas Woods on Ron Paul’s positions:

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Memorial Day

Whether you believe that most wars are bad, as does Ron Paul, or that all wars are good (some neocons), should have no bearing on how you feel about the men and women who serve. I fall into the Ron Paul camp. Even during the darkest days of the Cold War, I always thought the [...]

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Death Spiral Underway

Gordon T. Long has an interesting piece entitled The Economic Death Spiral Has Been Triggered. He concludes: The Basel BIS Bankers fully understand the underpinnings of the shift from a Virtuous Cycle to a Vicious Spiral presently underway. They are doing everything within their power to offset it. Policies of “extend and pretend” and “kick the [...]

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