Jim Rogers never thought highly of the Federal Reserve and the Chairman Bernanke. The problems that the United States are now experiencing is caused by too much debt and also consumption. The way to solve the problems is definitely not by taking up even more debt and consume more. That is what Bernanke and the [...]
Archive for June, 2010
Jim Rogers: While Bernanke is Causing Deforestation, Other Central Banks are Doing Much Better Jobs to Save the Economy
June 30th, 2010 
Elisheva Wiriaatmadja 
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Over $100,000 of Student Loan Forgiveness: Who Offers Them?
June 28th, 2010 Elisheva Wiriaatmadja Students who are desperate with their student loan burden have a chance to have their student loan erased. Programs like these offer debt elimination for either some or even all of the student loans in exchange for choosing certain careers or do volunteer work. They eliminate anywhere from a few thousand dollars to over $100,000 [...]
Gulf of Mexico Oil Spill Contributes to Upcoming Second Crash of US Real Estate Industry
June 24th, 2010 Elisheva Wiriaatmadja If you have recently checked news stories on main stream media, you will still find that they are being careful in explaining their beliefs that the US economy is getting back to normal very soon. The fact of the matter is that nothing is going to get back to normal. The past week, headlines across [...]
US Government Has No Choice than to Continue Printing Money
June 22nd, 2010 Elisheva Wiriaatmadja In an interview with Jason Hartman’s Creating Wealth Radio Show, the NIA predicts that there will be a depression combined with inflation. This prediction is based on the statistics and data of baby boomers, spending by consumers and increasing revenues for the government. There will be a huge increase in spending as taxes will be [...]
The Whole World is Shifting Towards Gold Economy – Stay Behind or Jump the Wagon?
June 21st, 2010 Elisheva Wiriaatmadja When in April 2009, I wrote a post about how Zimbabwean prefer to buy and sell using gold, leaving their depreciating Zimbabwean dollar, it got me wondering whether America will start panning for gold like Zimbabweans as their US dollar is losing its value too. It seems like, they are now! As the inflation has [...]
#1 Winner – The Greatest Failure in American History EVER
June 18th, 2010 Elisheva Wiriaatmadja The Federal Reserve was the third “central bank” created in the USA in 1913 after the First and Second Bank of the United States failed to continue its existence. Ever since it was created, the US dollar has lost over 95% of its purchasing power! The official purpose of the creation of the Federal Reserve [...]
Joseph Salerno: Take Your Money Out Of the Banks!
June 17th, 2010 Elisheva Wiriaatmadja Joseph Salerno is an Austrian School economist in the United States. He is a professor at Pace University and an active scholar in the areas of banking and monetary theory, comparative economics, and the history of economic thought. Just recently he was interviewed at the Lew Rockwell show where he suggested that his listeners take [...]
New Important Events After the “Meltup” Video
June 15th, 2010 Elisheva Wiriaatmadja A few weeks ago the National Inflation Association released an important video about the truth of this economic crisis. Ever since the video was released, new important events has occurred and this video is a short update of those events.
Gerald Celente: The Shameful, Unaccurate Track Records of Bernanke and Geithner
June 13th, 2010 Elisheva Wiriaatmadja What is the Solution to Hyperinflation?
June 11th, 2010 Elisheva Wiriaatmadja Some of you may say that hyperinflation is never going to happen in the US. Unfortunately inflation is already here. We can see the “symptoms” of inflation by the rising prices of everything we look at. Inflation itself is actually the printing of money which causes the currency to decrease in value and thus purchasing [...]
