Archive for admin
The Implode-o-Meter staff account: our in-house commentary and compilation of news.
The GDP And The Government’s Inflationary Hall of Mirrors
What’s the best way to calculate a “real GDP”, and what does it mean for the economy”?
29Aug2011 | admin | 0 comments | ContinuedDTCC Leaves More Questions Than Answers In Treasury Fails-To-Deliver
If you were wondering if Treasury fails-to-deliver, a potential major manifest threat to market stability from the fall 2008 crash had been eliminated, the latest data from the DTCC will confuse and worry.
20Aug2011 | admin | 8 comments | ContinuedPunditry Aside, Market Crash Is Continued Liquidity Panic
this isn’t a “normal” trading market; it isn’t responding to the “big news” events in a common-sense way (much beloved by omnipresent j-school financial writers), if at all. It is only responding to what is happening with liquidity. And that is clearly draining out. Will we get the same Fed reaction (QE) we got in 2008? Most likely.
8Aug2011 | admin | 0 comments | ContinuedPaper Bugs at BusinessInsider Attempt To Defend Bernanke
The problem with these anti-gold sentiments is, firstly, that they distract from the central issue with fiat currency: its structural (by design) inability to preserve value. In fact, that is why I prefer to call them a “currency” and not a “money”… [further, ] we actually now have, in some of the most important markets in the world, gold once again functioning as a medium of exchange. How quickly we forget the BIS gold swap intrigue from last year…
16Jul2011 | admin | 2 comments | ContinuedThe Real Reason Hitting The Debt Limit May Mean Social Security Checks Stop
This one may not be about politics: there is a good legal and economic reason Social Security is put in jeopardy by hitting the debt limit.
14Jul2011 | admin | 11 comments | ContinuedFederal Withholding Tax Data Says US Already In Recession
Lee Adler looks at tax withholding data and finds an ominous sign that the economy may have dipped into recession again. See his charts and arguments and decide if you want to believe the Mainstream Financial Media or your own lying eyes!
28Jun2011 | admin | 2 comments | ContinuedA Computer Scientist and “Gold Bug” Analyzes BitCoin
Despite its imperfections, I believe BitCoin really adds some important value to the world’s competing field of monies and is here to stay… Now if we can only get the real-world advantages of gold combined with the digital innovations of BitCoin, we will really be on our way to an unstoppable force of monetary good for the world’s people against government and financial elites that endlessly try to abuse us through the faux-monies they’ve foisted on us.
22Jun2011 | admin | 7 comments | ContinuedNRO Admits, Tries To Minimize Gov. Gary Johnson’s Job-Creation Dominance
by Aaron Krowne Founder, The Implode-o-Meter The NRO yesterday published a little blurb on the job-creation creds of GOP presidential candidates. The winner? Gary Johnson of New Mexico, with an 11.6% job creation rate. The next-closest isn’t even close (it’s Huntsman with 5.9%). What do to in the face of such a trouncing by a […]
22Jun2011 | admin | 0 comments | ContinuedPerpetual Inflation: The Stealth Source of Our Economic Problems
The most serious flaw in most analyses of the financial crisis the failure to correctly see the various causes put forth as the outcome of a single fundamental factor: the Federal Reserve and its permanent and perpetual policy of inflation.
22May2011 | admin | 3 comments | ContinuedWhy Ron Paul Is Pushing For a US Gold Sale
The New York Sun is reporting, as part of the debt ceiling debate, that Rep. Ron Paul (among others) is actually calling for a US gold sale to ameliorate the situation… Astute observers may note that Rep. Paul is doing something very shrewd here.
18May2011 | admin | 3 comments | Continued