Failed for who?

The New York Times says quantitative easing has failed. The Federal Reserve’s experimental effort to spur a recovery by purchasing vast quantities of federal debt has pumped up the stock market, reduced the cost of American exports and allowed companies … Continue reading

No faith in the Fed

The Texas University Endowment is storing $1 Billion in gold bars. Gold bullion is a hedge against inflation. If you didn’t think inflation was about to be a problem, gold would be the worst thing to put your money in … Continue reading

Inflation Lies from USA Today

Consumer prices — or the consumer price index — rose 0.5% in February, the most since mid-2009, largely because of surging food and gasoline prices the Federal Reserve’s quantitative easing is devaluing the Dollar like crazy. Core inflation, which excludes … Continue reading