How to grow your wealth during the coming collapse?

106 THE BiG DROP Chicago Fed and John Williams of the San Francisco Fed. Evans and Williams are joined in the new FOMC by Dennis ...

INSIDE THE FEDERAL RESERVE 107 made the dollar stronger because of money that has flowed into the U.S. from around the world in ...

108 THE BiG DROP Committee of the Bank of England, which is the equivalent of their FOMC. They both said the same thing, “We don ...

INSIDE THE FEDERAL RESERVE 109 ■ Just How Nasty a Rate increase Can Be It’s unfortunate that we have to be spending so much time ...

110 THE BiG DROP Orange County, California, and other dealers went out of busi- ness. There was a bond market massacre. The same ...

INSIDE THE FEDERAL RESERVE 111 They had encouraged everyone to borrow money and le- ver up and do maturity mismatches (borrow ov ...

112 THE BiG DROP enormous leverage in the stock market, enormous leverage in various carry trades around the world. Chuck Prince ...

INSIDE THE FEDERAL RESERVE 113 I think it’s nonsense to believe that we would be closely coupled on the way up but somehow the r ...

114 THE BiG DROP will, in fact, raise rates. My view that they won’t is based on what I expect the data to show. I don’t have a ...

INSIDE THE FEDERAL RESERVE 115 This is interesting because the market is set up for a rate increase. What if they don’t? I think ...

116 THE BiG DROP You have people who say March and other people say June or July. Some of them think it might be a little later. ...

INSIDE THE FEDERAL RESERVE 117 We’re seeing signs of deflation. The setup is as follows. The Fed says they want to raise rates b ...

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CHAPTER 8 Today’s Currency and Financial Wars Currency Wars are one of the most important dynamics in the global financial syste ...

120 THE BiG DROP That system was torn up in 1914 because countries needed to print money to fight World War I. When World War I ...

TODAY’S CURRENCY AND FINANCIAL WARS 121 the money supply in half and that threw the UK into a depression three years ahead of th ...

122 THE BiG DROP eted, inflation flew out of control between 1977 and 1981 (US inflation in that five-year period was 50%) and t ...

TODAY’S CURRENCY AND FINANCIAL WARS 123 Currency wars are like a see saw — they go back and forth and back and forth. In 2011, f ...

124 THE BiG DROP stand the cross rates are a zero sum game, then you can look at all of the cross rates effectively. I think of ...

TODAY’S CURRENCY AND FINANCIAL WARS 125 The problem is, once one country tries to cheapen their currency, another country cheape ...