Monthly Archives: July 2010

The Fed Must Stop Subsidizing Banks for Not Lending

http://www.thefiscaltimes.com/Issues/The-Economy/2010/07/23/What-Can-the-Fed-Still-Do.aspx By BRUCE BARTLETT, The Fiscal Times on Jul 23, 2010 This week, Federal Reserve Board chairman Ben Bernanke testified before Congress that the Fed is prepared to take additional actions to stimulate the economy in the event that growth … Continue reading

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Does Money Growth Stimulate Production or is it the Other Way Around?

Money Supply Confuses Deflation’s Confused Proponents By John Tamny http://www.realclearmarkets.com/articles/2010/07/27/money_supply_confuses_deflations_confused_proponents_98592.html The great British political economist John Stuart Mill long ago noted that “the whole of goods in the market” composes “the demand for money.” To put it more simply, money … Continue reading

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My Quarterly Summary to My Clients

To My Clients: Our accounts are up 5.3 % for the Quarter and up 11.2 % for the year 2010 to date. Even though the broad stock market indexes are all down over 10 % this past quarter, we have … Continue reading

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Debt and Deflation are the Problem

http://comstockfunds.com/default.aspx?act=Newsletter.aspx&category=SpecialReport&newsletterid=1534&menugroup=Home&AspxAutoDetectCookieSupport=1 We understand that we have discussed the debt problem in this country for what seems to be forever, but we can’t stop talking about it now that the debt is clearly the catalyst for the latest stock market downturn. … Continue reading

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