Tag Archives: ZIRP

Ben Bernanke’s Latest Casualty: The Pension Plan

With every passing day, the destructive consequences of Ben Bernanke’s ruinous monetary policy on the broader economy become more and more apparent. Nowhere is this more evident than the observation of a record high stock market – benefiting just a … Continue reading

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Full Frontal Of ECB’s ZIRP: Record €484 Billion Drop In Overnight Deposits

A week ago, the ECB decided to lower its deposit rate to 0%. Today, we get the first real full frontal visual of what this really means, and how banks react under ZIRP. As the ECB just reported, overnight deposits … Continue reading

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So what happens IF something does fail in the “Too Big To Fail” mindset of our economic experts?

As the banks go, so does the country. Even when a Communist is in charge of the United States, he must realize that the banks control our fate. A king cannot be king with no subjects and no president wants … Continue reading

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