Two Historic Retreats: 1812 and 1218

How Do 1812 and 12-18 Compare? Age of Wisdom, Age of Foolishness (8) Written by Adam Whitehead, KeySignals.com The historic significance of the number sequences “18/12” and “12/18” depend on which side of the Atlantic one lives on. Europeans will equate “18/12” with Napoleon’s disastrous retreat from a classic example of policy overreach. Americans will …

Weaker Growth and Softer Inflation

Hoisington Quarterly Review and Outlook, Third Quarter 2013 by Van R. Hoisington and Lacy H. Hunt, Hoisington Asset Management Federal Reserve Failures The Fed’s capabilities to engineer changes in economic growth and inflation are asymmetric. It has been historically documented that central bank tools are well suited to fight excess demand and rampant inflation. The …

QE: Banks Skim the System, Stealing from Grandma

Enabled By ZIRP and QE, Banksters Continue Looting Instead of Building Capital by Lee Adler, Wall Street Examiner One of the purposes of ZIRP (zero interest rate policy) was ostensibly so that banks could rebuild their balance sheets through suppressed funding costs allowing them to earn a wider spread and increased profits. Theoretically that would …