via SeekingAlpha.com: Home Page by Nicholas Southwick Levis on 4/11/11
Nicholas Southwick Levis submits:
Over the past twelve months, many economists and investment professionals (along with the occasional politician such as Ron Paul, and more recently Gary Johnson) have been warning Americans that a severe dollar collapse was likely given the U.S. government's view that the economy was in severe dire straights, just as it was in the Great Depression. They also warn that the only way to fix these problems (in their myopic and incorrect view) is to simply print more money and heap more and more layers onto our already spiraling national debt. Those who argue that the debt increases are actually beneficial must either be hard asset bulls or live in a world where food and fuel are not an important part of their daily budgets (ie. the super-rich and their well-lobbied political string puppets).
The Quantitative Easing argument hinges on several "truths," which are used to manipulate the populace into
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