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The Inflation Deception
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Book Synopsis The Inflation Deception by : Craig R. Smith
Download or read book The Inflation Deception written by Craig R. Smith and published by . This book was released on 2011-05 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Welcome to the inflatocracy-our new form of government of, by, and for inflation-in which deliberately debasing our money has become a tool of social engineering, mind manipulation, wealth redistribution, and secret taxation. Inflation empowers Washington inflatocrats to pick the pockets not only of Americans but also of Germans, Chinese, Brazilians and South Africans, imposing a hidden tax on people around the world who trust paper US dollars as their reserve currency-a worldwide tax that exports our inflation, all to feed our politicians' power-mad addiction to stratospheric spending. The inflatocracy, and the huge welfare state it makes possible, have brought America to the brink of bankruptcy. In The Inflation Deception, monetary expert Craig R. Smith, the chairman of Swiss America Trading Corporation and former think tank futurist Lowell Ponte explain how the inflatocracy took over our government. They offer three political and three financial ways to restore a free and prosperous America.
Book Synopsis Deception and Abuse at the Fed by : Robert D. Auerbach
Download or read book Deception and Abuse at the Fed written by Robert D. Auerbach and published by University of Texas Press. This book was released on 2009-06-03 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Federal Reserve—the central bank of the United States—is the most powerful peacetime bureaucracy in the federal government. Under the chairmanship of Alan Greenspan (1987-2006), the Fed achieved near mythical status for its part in managing the economy, and Greenspan was lauded as a genius. Few seemed to notice or care that Fed officials operated secretly with almost no public accountability. There was a courageous exception to this lack of oversight, however: Henry B. Gonzalez (D-TX)—chairman of the U.S. House of Representatives Financial Services (banking) Committee. In Deception and Abuse at the Fed, Robert Auerbach, a former banking committee investigator, recounts major instances of Fed mismanagement and abuse of power that were exposed by Rep. Gonzalez, including: Blocking Congress and the public from holding powerful Fed officials accountable by falsely declaring—for 17 years—it had no transcripts of its meetings; Manipulating the stock and bond markets in 1994 under cover of a preemptive strike against inflation; Allowing $5.5 billion to be sent to Saddam Hussein from a small Atlanta branch of a foreign bank—the result of faulty bank examination practices by the Fed; Stonewalling Congressional investigations and misleading the Washington Post about the $6,300 found on the Watergate burglars. Auerbach provides documentation of these and other abuses at the Fed, which confirms Rep. Gonzalez's belief that no government agency should be allowed to operate with the secrecy and independence in which the Federal Reserve has shrouded itself. Auerbach concludes with recommendations for specific, broad-ranging reforms that will make the Fed accountable to the government and the people of the United States.
Book Synopsis On the Value of Money by : Paulo Casaca
Download or read book On the Value of Money written by Paulo Casaca and published by . This book was released on 2021-01-20 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emphasis is given to the Slutsky Matrix and its associated income and substitution effects, since this is the only existing analytical tool designed to solve the question. This device is shown to be grossly erroneous. I did prove (Casaca, 2020) that the solution present in manuals and taught in economics courses is erroneous. I confirmed the original neo-classic founding father's perception that the problem lies in our inability to keep track of the changing value of money. Other than proving how wrong or useless the elucidations found afterwards are, I could not however find a solution to the problem. That is, I could not prove whether it is possible to track the changing value of money and, if it is, how to achieve this in a meaningful way - or, conversely, to prove the problem has no viable solution.Knowledge on the variation of the value of money is necessary for all the procedures that rely on the separation between 'real' and 'nominal' values - that is, virtually all economic accounting systems. This means that the most revered indicators of economic activity such as 'inflation' or 'economic growth' (GDP variation) are built on erroneous premises and lack any real and objective basis. Simply speaking, this means that the building structure of modern economics is dependent on the possibility of knowing the value of money, or at the very least the patterns of variation of the value of money. The fact that neither goals were attained saps the related scientific basis. This work will end with a discussion of possible venues for a scientific approach to the science of money, side by side with the science of markets.
Book Synopsis Inflation Expectations by : Peter J. N. Sinclair
Download or read book Inflation Expectations written by Peter J. N. Sinclair and published by Routledge. This book was released on 2009-12-16 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inflation is regarded by the many as a menace that damages business and can only make life worse for households. Keeping it low depends critically on ensuring that firms and workers expect it to be low. So expectations of inflation are a key influence on national economic welfare. This collection pulls together a galaxy of world experts (including Roy Batchelor, Richard Curtin and Staffan Linden) on inflation expectations to debate different aspects of the issues involved. The main focus of the volume is on likely inflation developments. A number of factors have led practitioners and academic observers of monetary policy to place increasing emphasis recently on inflation expectations. One is the spread of inflation targeting, invented in New Zealand over 15 years ago, but now encompassing many important economies including Brazil, Canada, Israel and Great Britain. Even more significantly, the European Central Bank, the Bank of Japan and the United States Federal Bank are the leading members of another group of monetary institutions all considering or implementing moves in the same direction. A second is the large reduction in actual inflation that has been observed in most countries over the past decade or so. These considerations underscore the critical – and largely underrecognized - importance of inflation expectations. They emphasize the importance of the issues, and the great need for a volume that offers a clear, systematic treatment of them. This book, under the steely editorship of Peter Sinclair, should prove very important for policy makers and monetary economists alike.
Download or read book Deadly Spin written by Wendell Potter and published by Bloomsbury Publishing USA. This book was released on 2010-11-09 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: That's how Wendell Potter introduced himself to a Senate committee in June 2009. He proceed to explain how insurance companies make promises they have no intention of keeping, how they flout regulations designed to protect consumers, and how they make it nearly impossible to understand information that the public needs. Potter quit his high-paid job as head of public relations at a major insurance corporation because he could no longer abide the routine practices of the insurance industry, policies that amounted to a death sentence for thousands of Americans every year. In Deadly Spin, Potter takes readers behind the scenes of the insurance industry to show how a huge chunk of our absurd healthcare expenditures actually bankrolls a propaganda campaign and lobbying effort focused on protecting one thing: profits. With the unique vantage of both a whistleblower and a high-powered former insider, Potter moves beyond the healthcare crisis to show how public relations works, and how it has come to play a massive, often insidious role in our political process-and our lives. This important and timely book tells Potter's remarkable personal story, but its larger goal is to explain how people like Potter, before his change of heart, can get the public to think and act in ways that benefit big corporations-and the Wall Street money managers who own them.
Book Synopsis Black Gold Stranglehold by : Jerome R. Corsi
Download or read book Black Gold Stranglehold written by Jerome R. Corsi and published by Post Hill Press. This book was released on 2021-05-14 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is estimated that Americans consume more than 25 percent of the world's oil but have control over less than 3 percent of its proven supply. This extremely unbalanced pattern of consumption makes it possible for foreign governments, corrupt political leaders, terrorist organizations, and oil conglomerates to place the citizens of the United States in a stranglehold of supply and demand. There is no greater proof of this than the direct relationship between skyrocketing gas prices and the exploding wealth of those who control the supply of oil. In Black Gold Stranglehold, Jerome R. Corsi and Craig R. Smith expose the fraudulent science that has been sold to the American people in order to enslave them: the belief that oil is a fossil fuel and a finite resource. On the contrary, this book presents authoritative research, currently known mostly in the scientific community, that oil is not a product of decaying dinosaurs and prehistoric forests. Rather, it is a natural product of the earth. The scientific evidence cited by Corsi and Smith suggests that oil is constantly being produced by the earth, far below the planet's surface, and that it is brought to attainable depths by the centrifugal forces of the earth's rotation. In great detail Corsi and Smith explore the international and domestic politics of oil production and consumption. This includes the wealth and power of major oil conglomerates, the manipulation of world economies by oil-producing states and rogue terrorist regimes, and the political agenda of radical environmentalists and conservationists who obstruct the use of oil reserves currently controlled by the U.S. government. The authors offer an understanding of the dangerous situation America faces because its currency is no longer tied to any precious and truly scarce metals such as gold, as it was until 1973. This situation could easily lead to the devastation of the U.S. economy if Middle Eastern countries are able to enact current plans to accept only the Euro or gold-backed currencies such as the Gold Dinar instead of the U.S. dollar as the standard currency for oil. Black Gold Stranglehold will dramatically change the debate about oil. The significance of its message is sure to cause thoughtful people to reconsider the current dependence of the U.S. economy on imported oil.
Book Synopsis The Great Debasement by : Craig R. Smith
Download or read book The Great Debasement written by Craig R. Smith and published by . This book was released on 2012-11 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: After 100 years of deliberate debasement, the U.S. Dollar is dying. Our politicians have deceptively siphoned off so much of its value that a 2012 dollar has only two pennies of the purchasing power of a 1913 dollar.This Great Debasement of America's money is by far the largest confiscation of wealth in world history--and you, your children and your grandchildren are the ones on the losing end of this century-long policy.The Federal Reserve System, created by Progressives in 1913 to give America an 'elastic' money, has taken on such enormous and far-ranging powers that it has become 'the fourth branch of government' that killed the gold-backed dollar, and replaced it with an impostor currency, a central cause of today's dangerous economic problems.On the 100th Anniversaries of the 1912 Progressive takeover of America and 1913 imposition of the Fed and income tax---still working together synergistically to transform the U.S.A.--- we expose, and show how to reverse, the Progressives' Great Debasement of America.
Book Synopsis A Moral History of the Inflation by : Hans Ostwald
Download or read book A Moral History of the Inflation written by Hans Ostwald and published by The Obolus Press. This book was released on 2023-03-21 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Journalist Hans Ostwald (1873–1940) describes life in Germany during the early 1920s, a period when money lost its value so quickly that people used eggs rather than cash as units of exchange. Rich in anecdotes and contemporary reports, the book discusses both the social and psychological effects of the hyperinflation: grinding poverty, an increase in crime, a decline in moral standards, and a frenzied desire to make the most of the present, since no one could be certain of what the future might hold. “It was a time of significant revaluation — in material as well as in spiritual things. He who had been rich and able to indulge in every worldly pleasure soon counted himself lucky if some well-meaning people offered him a bowl of warm soup. Lowly clerks became bank directors overnight, with seemingly inexhaustible funds at their command. In those days, for- eigners who lived on small pensions at home could come to Germany and live like kings. Everything seemed to have been turned upside down.” Although Ostwald’s moral history has often been cited in works dealing with the Weimar Republic, this is the first complete English translation. It contains more than a hundred photographs and illustrations.
Book Synopsis Reducing Inflation by : Christina D. Romer
Download or read book Reducing Inflation written by Christina D. Romer and published by University of Chicago Press. This book was released on 2007-12-01 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: While there is ample evidence that high inflation is harmful, little is known about how best to reduce inflation or how far it should be reduced. In this volume, sixteen distinguished economists analyze the appropriateness of low inflation as a goal for monetary policy and discuss possible strategies for reducing inflation. Section I discusses the consequences of inflation. These papers analyze inflation's impact on the tax system, labor market flexibility, equilibrium unemployment, and the public's sense of well-being. Section II considers the obstacles facing central bankers in achieving low inflation. These papers study the precision of estimates of equilibrium unemployment, the sources of the high inflation of the 1970s, and the use of non-traditional indicators in policy formation. The papers in section III consider how institutions can be designed to promote successful monetary policy, and the importance of institutions to the performance of policy in the United States, Germany, and other countries. This timely volume should be read by anyone who studies or conducts monetary policy.
Book Synopsis Encyclopedia of Deception by : Timothy R. Levine
Download or read book Encyclopedia of Deception written by Timothy R. Levine and published by SAGE Publications. This book was released on 2014-02-20 with total page 1094 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Encyclopedia of Deception examines lying from multiple perspectives drawn from the disciplines of social psychology, sociology, history, business, political science, cultural anthropology, moral philosophy, theology, law, family studies, evolutionary biology, philosophy, and more. From the “little white lie,” to lying on a resume, to the grandiose lies of presidents, this two-volume reference explores the phenomenon of lying in a multidisciplinary context to elucidate this common aspect of our daily lives. Not only a cultural phenomenon historically, lying is a frequent occurrence in our everyday lives. Research shows that we are likely to lie or intentionally deceive others several times a day or in one out of every four conversations that lasts more than 10 minutes. Key Features: More than 360 authored by key figures in the field are organized A-to-Z in two volumes, which are available in both print and electronic formats. Entries are written in a clear and accessible style that invites readers to explore and reflect on the use of lying and self-deception. Each article concludes with cross references to related entries and further readings. This academic, multi-author reference work will serve as a general, non-technical resource for students and researchers within social and behavioral science programs who seek to better understand the historical role of lying and how it is employed in modern society.
Book Synopsis Inside American Education by : Thomas Sowell
Download or read book Inside American Education written by Thomas Sowell and published by Simon and Schuster. This book was released on 2010-05-11 with total page 567 pages. Available in PDF, EPUB and Kindle. Book excerpt: An indictment of the American educational system criticizes the fact that the system has discarded the traditional goals of transmitting knowledge and fostering cognitive skills in favor of building self-esteem and promoting social harmony.
Book Synopsis Crashing the Dollar by : Craig R. Smith
Download or read book Crashing the Dollar written by Craig R. Smith and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In this eye-opening book, Craig and Lowell show what a crash of the dollar and other currencies would be like. They tell how America can avoid this economic disaster. They explain how you and your family, by preparing now, can survive, thrive, and even prosper during a collapse of the dollar"--Foreword.
Book Synopsis J Is for Junk Economics by : Michael Hudson
Download or read book J Is for Junk Economics written by Michael Hudson and published by . This book was released on 2017-02-21 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: A companion and follow-up to KILLING THE HOST: HOW FINANCIAL PARASITES AND DEBT DESTROY THE GLOBAL ECONOMY. J IS FOR JUNK ECONOMICS pulls back the curtain on the vocabulary and terms of today's tunnel-visioned, overly-mathematized economic lexicon.
Book Synopsis The Land Reform Deception by : Alexander Charles Laurie
Download or read book The Land Reform Deception written by Alexander Charles Laurie and published by Oxford University Press. This book was released on 2016 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work explores what is inarguably the most socially and economically transformative event in Zimbabwe since independence in 1980-the land seizure era. It explains why Mugabe risked the social and economic well-being of Zimbabwe by targeting commercial farms, which were a vital source of commodities, a major employer, and a critical source of tax revenue. It also uncovers why the 'land redistribution program,' as Mugabe and the ruling ZANU-PF party claimed the takeovers to be, occurred 20 years after independence and in a very chaotic manner.
Book Synopsis Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics by : Hassan Bougrine
Download or read book Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics written by Hassan Bougrine and published by Edward Elgar Publishing. This book was released on 2020-07-31 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hassan Bougrine, Louis-Philippe Rochon and the expert contributors to this book explore issues of economic growth and full employment; presenting a clear explanation to stagnation, recessions and crises, including the latest Global Financial Crisis of 2007-8. With a central focus on the role played by government spending, deficits and debt as well as the setting of interest rates, the chapters propose alternative policies that can be used by central banks and fiscal authorities to deal with problems of income inequality, unemployment and slow productivity.
Download or read book Falsecards written by Mike Lawrence and published by Master Point Press. This book was released on 2014-07 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: The definitive book on (legally) pulling the wool over your opponents eyes. Even if you dont want to get into more esoteric situations, there are times at the bridge table when playing a misleading card is essential if you are to have any chance of an optimum result. This new edition of a classic from Mike Lawrence includes a number of ideas that are new since it was originally published.
Download or read book Duped written by Timothy R. Levine and published by University Alabama Press. This book was released on 2019-11-05 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: A scrupulous account that overturns many commonplace notions about how we can best detect lies and falsehoods From the advent of fake news to climate-science denial and Bernie Madoff’s appeal to investors, people can be astonishingly gullible. Some people appear authentic and sincere even when the facts discredit them, and many people fall victim to conspiracy theories and economic scams that should be dismissed as obviously ludicrous. This happens because of a near-universal human tendency to operate within a mindset that can be characterized as a “truth-default.” We uncritically accept most of the messages we receive as “honest.” We all are perceptually blind to deception. We are hardwired to be duped. The question is, can anything be done to militate against our vulnerability to deception without further eroding the trust in people and social institutions that we so desperately need in civil society? Timothy R. Levine’s Duped: Truth-Default Theory and the Social Science of Lying and Deception recounts a decades-long program of empirical research that culminates in a new theory of deception—truth-default theory. This theory holds that the content of incoming communication is typically and uncritically accepted as true, and most of the time, this is good. Truth-default allows humans to function socially. Further, because most deception is enacted by a few prolific liars, the so called “truth-bias” is not really a bias after all. Passive belief makes us right most of the time, but the catch is that it also makes us vulnerable to occasional deceit. Levine’s research on lie detection and truth-bias has produced many provocative new findings over the years. He has uncovered what makes some people more believable than others and has discovered several ways to improve lie-detection accuracy. In Duped, Levine details where these ideas came from, how they were tested, and how the findings combine to produce a coherent new understanding of human deception and deception detection.
