Bloomberg Marvels: How Does Norway Keep Inflation 2.4%?

Goldman Sachs Loses Money So Gold Prices Fall | Culture of Life News

Bloomberg knows very well the answer to this question: How Does Norway Achieve Inflation When Others Can’t? – Bloomberg Business but will NOT tell readers of his ‘news’.

 

Once upon a time, the only thing one could park in a central bank vault to support the value of paper money was GOLD.  And silver.  All coins of responsible societies were made from copper, gold and silver.  Countries with fake money used cheap metals like zinc.  Paper money was invented by the Chinese to replace gold only they discovered this created inflation due to money printing and adding zeros is laughably easy.

EU Impose Negative Savings Rate Claiming Falsely That There Is No Inflation!

 

ALFRED Graph – ALFRED – St. Louis Fed: Starting in the 1990’s, our government and Europe’s elites all removed the very vital energy and food data from inflation statistics which then allowed them to devalue capital from savings and have artificially low interest rates. This, in turn, has made speculators and bankers very, very rich and spawned one equity/asset bubble after another.  Which, in turn, has driven many governments deep into debt and wrecked the banking system and made everyone who is middle class and poorer, much, much poorer.  This raid on capital is destroying capitalism.

Japan’s Devaluation Of Yen Leading To Mass Devaluations—US Stocks Crash

I noticed the other day that Abe went to Davos, Switzerland, to boast about how he fixed Japan’s economic problems via debasing the currency as much as possible thus enabling higher export profits with the US and EU.  For this devilish activity, he was applauded by the US State Department as ‘So Very Clever’.  Now, the chickens are all dropping dead in the roost as all trade currencies go plunging down, too.  The last 30 years of the US demanding that Japan and China make their currencies higher in value has collapsed as has the US stock market and other systems.

 

Watchdog Report: NSA Spying Is ILLEGAL, 1st And 4th Amendments Are Violated

First, the good news:  Watchdog Report Says N.S.A. Program Is Illegal and Should End – NYTimes.com and this is all about our Constitutional rights of privacy which are being violated left and right and basically have ceased to exist:

 

The program “lacks a viable legal foundation under Section 215, implicates constitutional concerns under the First and Fourth Amendments, raises serious threats to privacy and civil liberties as a policy matter, and has shown only limited value,” the report said. “As a result, the board recommends that the government end the program.”

 

Derivatives Contraction Is Leading Cause Of Bank Deflation And Credit Crunch: Economists Ignore This Fact

Derivatives monster ate capital not debt

Here is a typical example of how the huge Derivatives Beast is ignored by economists pretending to understand what is going on in the world.  I have explained for years how the derivatives game suddenly appeared during the years banks were deregulated and offshored.  This game meant NO CAPITAL was needed for lending and bankers lent money they didn’t have to all and sundry with wild abandon.  Then, when debt deals went bankrupt, there was no capital base to cover losses and the entire system suddenly collapsed in 2008.

US Media Notices Japan Continues To Collapse While Inflation Looms

For many, many years, at least two decades, I have written extensively about the deflationary trap Japan fell into and cannot escape.  Japan is literally dying.  It is literally being ground apart by both Mother Nature and the Japanese Industrial complex disasters.  And it is being propped up by the US as a means of defying dynamic, growing, active China.  This is a total failure and easy to see why.  A dying, disintegrating culture can’t project power or run things, it is in barely-survival mode and rapidly literally dying.