by Bob Chapman Publisher of The International Forecaster. AS THE ECONOMY STUMBLES the American standard of living recedes. Forty-four million people are using food stamps and in one year that figure will be 60 million. Washington and Wall Street say “what, me worry?” Of course not; they are the “masters of the universe.” We are 24 months into an inflationary Continue Reading →
The oligarchs are not interested in restoring America’s manufacturing base, therefore we must prepare for the worst. by Bob Chapman Publisher of The International Forecaster. THE ADMINISTRATION and those who control it, the House and Senate, want us to believe that debt can be paid out of revenues now and forever. As inflation and perhaps hyperinflation set in we could Continue Reading →
by Bob Chapman Publisher of The International Forecaster. WHEN YOU STOP and think about it, the Fed’s main instrument of monetary policy, the manipulation of interest rates, has been lost to it. That is two years with the same rate. What has become very obvious is that an official rise in rates would create all kinds of havoc. The same Continue Reading →
by John W.B. Huie Exclusive to The American Mercury TODAY THE FEDERAL RESERVE, America’s private central bank, began to ship billions of dollars to the central bankers of Europe in an attempt to stem the fall in the value of the euro created by Greece’s debt crisis. The total value of the deal could easily top $1 trillion according to Continue Reading →
by Day Brown THERE WON’T be a new Rome. The powers that be don’t need one anymore. Google is trying to develop a new faster network that will enable the power elites to live on the beach in Hawaii, each with their own Eagle’s Nest during the ski season, or whatever other scenic setting they want for their condos — Continue Reading →