Archive for March 1st, 2012

(SkyNet Lives!!) Sam Ro BusinessInsider.com 3 1 2012 Wednesday morning, there was a violent sell-off in stocks that seemed to start exactly at 10:00 AM. This had some New York Stock Exchange floor traders scratching their heads. Art Cashin, UBS Financial Services’ director of floor operations, caught some of the trader chatter and reported... »

TheEconomicCollaoseBlog.com Ronald Reagan once famously declared that inflation is a tax, but sadly most Americans did not really grasp what he was talking about. If the American people truly understood what inflation was doing to them, they would be screaming bloody murder about monetary policy. Inflation is an especially insidious tax because it is... »