11 Reasons Why The Federal Reserve Should Be Abolished | Zero Hedge: "So how can the Federal Reserve get away with claiming that we are in a "low inflation" environment?
Well, what Ben Bernanke never tells you is that the way that the government calculates inflation has changed more than 20 times since 1978.
The truth is that the real rate of inflation is somewhere between five and ten percent right now, but you will never hear about this on the mainstream news."
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Quotes, thoughts, opinions and timeline stamps for the "right edge" of the sheet of paper that is time... we never know what is on the other side of the right edge after all...
Wednesday, May 8, 2013
Jeremy Grantham: "We Have Been Conned" | Zero Hedge
Jeremy Grantham: "We Have Been Conned" | Zero Hedge: "We’re transferring wealth from the poor to the rich by keeping interest rates low. "
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Monday, May 6, 2013
Friday, May 3, 2013
Apple Avoids $9.2 Billion in Taxes With Debt Deal - Bloomberg
Apple Avoids $9.2 Billion in Taxes With Debt Deal - Bloomberg: "If the funds had come from Apple’s offshore cash pile of about $100 billion, the Cupertino, California-based iPhone maker would have had to pay a 35 percent tax to repatriate the money, Granovsky said. That means Apple avoided about $9.2 billion in taxes. And since interest payments are tax-deductible, that’s another $100 million a year"
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Wednesday, May 1, 2013
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