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.

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.

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.

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.

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.

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 Quantitative Easing as a Highway to Hyperinflation written by Imad A. Moosa and published by World Scientific. This book was released on 2014 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the topical issue of whether the current environment in the US and other major countries, where quantitative easing is used to boost the economy, is conducive to the emergence of hyperinflation. This is a controversial and highly debated issue. Using both economics and history, the author challenges the view that quantitative easing will not lead to hyperinflation and argues that hyperinflation, or at least high inflation, is likely to appear eventually. The book examines all the propositions put forward for and against the eventuality of hyperinflation in the US, using illustrations based on actual and simulated data. The analysis leads to the conclusion that the current fiscal position of the US government, particularly the levels of external debt and unfunded liabilities, will not be rectified without resorting to inflationary financing. The book would be useful not only for policy makers and economists but also for non-specialist observers.

Download or read book A Closer Examination of Applicant Faking Behavior written by Richard L. Griffith and published by IAP. This book was released on 2006-05-01 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: The faking of personality tests in a selection context has been perceived as somewhat of a nuisance variable, and largely ignored, or glossed over by the academic literature. Instead of examining the phenomenon many researchers have ignored its existence, or trivialized the impact of faking on personality measurement. The present volume is a much needed, timely corrective to this attitude. In a wide range of chapters representing different philosophical and empirical approaches, the assembled authors demonstrate the courage to tackle this important and difficult topic head-on, as it deserves to be. The writers of these chapters identify two critical concerns with faking. First, if people fake their responses to personality tests, the resulting scores and the inferences drawn from them might become invalid. For example, people who fake their responses by describing themselves as diligent and prompt might earn better conscientiousness scores, and therefore be hired for jobs requiring this trait that in fact they might not perform satisfactorily. Second, the dishonesty of the faker might itself be a problem, separate from its effect on a particular score. Someone who lies on a pre-employment test might also lie about the hours he or she works, or how much cash is in the till at the end of the shift. Worse, these two problems might exacerbate each other: a dishonest applicant might get higher scores on the traits the employer desires through his or her lying, whereas the compulsively honest applicant might get low scores as an ironic penalty for being honest. Outcomes like these harm employers and applicants alike. The more one delves into the complexities of faking, as the authors of the chapters in this volume do so thoroughly and so well, the more one will recognize that this seemingly specialized topic ties directly to more general issues in psychology. One of these is test validity. The bottom-line question about any test score, faked or not, is whether it will predict the behaviors and outcomes that it is designed to predict. As Johnson and Hogan point out in their chapter, the behavior of someone faking a test is a subset of the behavior of the person in his or her entire life, and the critical research question concerns the degree to which and manner in which behavior in one domain generalizes to behavior in other domains. This observation illuminates the fact that the topic of faking is also a key part of understanding the relationship between personality and behavior. The central goal of theoretical psychology is to understand why people do the things they do. The central goal of applied psychology is to predict what someone will do in the future. Both of these goals come together in the study of applicant faking.

Download or read book The Murder of the Middle Class written by Wayne Allyn Root and published by Simon and Schuster. This book was released on 2014-07-14 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: The great American middle class is dying—and not from natural causes. The Murder of the Middle Class exposes the crime and indicts the conspirators, from the Obama administration to their willing accomplices in big business, big media, and big unions—naming names and pointing out their misdeeds. Bestselling author Wayne Allyn Root doesn't just prove the crime and profile the suspects, he provides bold solutions to save American capitalism, the middle class, the GOP . . . and YOU! This middle class warrior gives you the game plan and the weapons to fight back.

Download or read book A Golden Age Economy written by Kim Andrew Lincoln and published by Troubador Publishing Ltd. This book was released on 2013 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Our economic success – indeed, our success in all things – can only be assured if we faithfully follow the Universal Laws of Life, the Laws which form the framework of the Universe and that hold it together.'A Golden Age Economy tells the incredible story of how and why we have an economy that does not work for 99% of people, and what was done after the economic crisis to bring unparalleled prosperity to all. It unravels a dark history that enables us to see clearly why the world has been designed to fail, so that nothing works; where there is poverty, wickedness and corruption, and where everything that once was pure has been perverted and poisoned by the power elite. It reveals the evil plans of the fallen ones and unearths many of the mind-blowing secrets they have used to enslave the world for thousands of years.The book offers workable solutions to the problems it identifies, whilst the author explains what we can do to create an economy that eradicates poverty and that will benefit everyone who multiplies their talents, without causing harm to each other or our planet. It is a blueprint to help a Golden Age economy manifest.This exposé is a must-read for those who have had enough of our present economic problems and who want someone to explain to them what needs to be done to put things right. It will also appeal to politicians who care about their constituents, students of economics and anyone who wants to know how to bring more abundance – material and otherwise – into their lives.

Download or read book 1945 Stabilization Extension Act written by United States. Congress. House. Committee on Banking and Currency and published by . This book was released on 1945 with total page 1276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers legislation to extend Federal price control program.

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.

Download or read book Strategic Deception written by Gordon R. Mitchell and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Cold War's legacy has been characterized by a systematic pattern of threat inflation, a relentless stream of surplus weapons development, and a predilection for a brand of secret science that lines the pockets of defense contractors and swells the war chests of hawkish politicians - things that fray the fabric of democracy. There is perhaps no military project more representative of this legacy than ballistic missile defense (BMD). Since Ronald Reagan's "Star Wars address" in 1983, taxpayers have spent more than $100 billion on BMD projects. Close examination reveals that many of these programs were of dubious value.

Download or read book Rational Expectations and Inflation written by Thomas J. Sargent and published by Princeton University Press. This book was released on 2013-05-05 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fully expanded edition of the Nobel Prize–winning economist's classic book This collection of essays uses the lens of rational expectations theory to examine how governments anticipate and plan for inflation, and provides insight into the pioneering research for which Thomas Sargent was awarded the 2011 Nobel Prize in economics. Rational expectations theory is based on the simple premise that people will use all the information available to them in making economic decisions, yet applying the theory to macroeconomics and econometrics is technically demanding. Here, Sargent engages with practical problems in economics in a less formal, noneconometric way, demonstrating how rational expectations can satisfactorily interpret a range of historical and contemporary events. He focuses on periods of actual or threatened depreciation in the value of a nation's currency. Drawing on historical attempts to counter inflation, from the French Revolution and the aftermath of World War I to the economic policies of Margaret Thatcher and Ronald Reagan, Sargent finds that there is no purely monetary cure for inflation; rather, monetary and fiscal policies must be coordinated. This fully expanded edition of Rational Expectations and Inflation includes Sargent's 2011 Nobel lecture, "United States Then, Europe Now." It also features new articles on the macroeconomics of the French Revolution and government budget deficits.

Download or read book Volcker written by William L. Silber and published by Bloomsbury Publishing USA. This book was released on 2012-09-04 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the course of nearly half a century, five American presidents-three Democrats and two Republicans-have relied on the financial acumen, and the integrity, of Paul A. Volcker. During his tenure as chairman of the Federal Reserve Board, when he battled the Great Inflation of the 1970s, Volcker did nothing less than restore the reputation of an American financial system on the verge of collapse. After the 2008 financial meltdown, the nation turned again to Volcker to restore trust in a shaky financial system: President Obama would name his centerpiece Wall Street regulation the Volcker Rule. Volcker's career demonstrated that a determined central banker can prevail over economic turmoil-so long as he can resist relentless political pressure. His resolve and independent thinking-sorely tested by Richard Nixon, Jimmy Carter, and Ronald Reagan-laid the foundation for a generation of economic stability. Indeed, William L. Silber argues, it was only Volcker's toughness on monetary policy that "forced Reagan to be Reagan" and to rein in America's deficit. Noted scholar and finance expert Silber draws on hours of candid personal interviews and complete access to Volcker's personal papers to render dramatic behind-the-scenes accounts from Volcker's career at the Treasury Department and the Federal Reserve: secret negotiations with European ministers; confrontations with the White House; crisis conferences with Wall Street titans, and even tense boardroom rebellions within the Fed itself. Filled with frank commentary from Volcker himself-including why he was personally irked with the "Volcker Rule" label-this will be the definitive account of Volcker's indispensable role in American economic history.

Download or read book Adequacy of the administration s anti inflation program written by United States. Congress. House. Committee on Government Operations. Commerce, Consumer, and Monetary Affairs Subcommittee and published by . This book was released on 1979 with total page 1502 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book International Financial History in the Twentieth Century written by Marc Flandreau and published by Cambridge University Press. This book was released on 2003 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays, written by leading experts, examine the history of the international financial system in terms of the debate about globalization and its limits. In the nineteenth century, international markets existed without international institutions. A response to the problems of capital flows came in the form of attempts to regulate national capital markets (for instance through the establishment of central banks). In the inter-war years, there were (largely unsuccessful) attempts at designing a genuine international trade and monetary system; and at the same time (coincidentally) the system collapsed. In the post-1945 era, the intended design effort was infinitely more successful. The development of large international capital markets since the 1960s, however, increasingly frustrated attempts at international control. The emphasis has shifted in consequence to debates about increasing the transparency and effectiveness of markets; but these are exactly the issues that already dominated the nineteenth-century discussions.