Silver as an investment

Category Archives: Dean Baker

Do Wars Help or HURT the Economy?

Does Defense Spending Stimulate the Economy and Create Jobs … Or Is It BAD for the Economy? Preface: Trump wants to drastically increase military spending.  At the same time, France, China, Japan and other countries are ramping up their military spending. An understanding of the effect on the economy is therefore timely. A number of […]

ZeroHedge: Economists DESTROY the Myth that War Is Good for the Economy

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Debunking the Stubborn Myth that War Is Good for the Economy About.com notes: One of the more enduring myths in Western society is that wars are somehow good for the economy. It is vital for policy-makers, economists and the public to […]

No, Bernanke … Defense Spending Does NOT Help the Economy!

  Image courtesy of Steve Hess Debunking a Widely-Held Myth Preface: Many Americans – including influential economists and talking heads – still wrongly assume that war is good for the economy. For example, former Federal Reserve boss Ben Bernanke just claimed that cutting defense spending would harm the economy. And extremely influential economists like Paul […]

Why There Has Been No Recovery (In One Simple Chart): A Harvest Of Corruption

Submitted by Jesse via Jesse's Cafe Americain blog, "The money was all appropriated for the top in the hopes that it would trickle down to the needy." Will Rogers, Nov 26, 1932   “Trickle-down theory – the less than elegant metaphor that if one feeds the horse enough oats, some will pass through to the […]

Senate Democrats Defeat The President: Why Obama Is Rushing To Fast-Track The TPP

Moments ago, in an embarrassing setback for the president, Senate Democrats in a 52-45 vote – short of the required 60 supporters – blocked a bill that would give President Barack Obama fast-track authority to expedite trade agreements through Congress, a major defeat for Obama and his allies who “say the measure is necessary to […]

ZeroHedge: Paul “Orwell” Krugman Touts Job Growth in the Obama Recovery

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by Robert Murphy via Mises Canada, For years, Paul Krugman has been warning that the inadequate fiscal stimulus package of early 2009, coupled with the disastrous spending cuts of the “sequester” package, were leading to a “postmodern recovery” and “jobless […]

ZeroHedge: Nobel Prize Winning Economists, Federal Reserve Chair and Other Top Experts: War Is BAD for the Economy

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. (Preface: True conservatives are anti-war.  And – as Ron Paul observes – so are the teachings of Jesus. Liberals said they were going to "study war no more," and atheists pledged not to fight senseless wars over dogma. But this […]

ZeroHedge: Krugman’s Bathtub Economics

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by David Stockman of Contra Corner blog, It is fortunate that Paul Krugman writes a column for New York Times readers who want the party line sans all the economist jargon and regression equations. So here is the plain English […]

ZeroHedge: “Stress Test” Reviewed: Tim Geithner Is “A Grifter, A Petty Con Artist”

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by Mike Krieger via Liberty Blitzkrieg blog, Geithner is at heart a grifter, a petty con artist with the right manners and breeding to lie at the top echelons of American finance at a moment when the government and […]

ZeroHedge: War Makes Us Poor

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.   Image courtesy of Steve Hess Top Economists Say War Is Bad for the Economy Preface: Many Americans – including influential economists and talking heads – still wrongly assume that war is good for the economy. Many congressmen assume that […]