"There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." -Ludwig Von Mises
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Nov
14

Schaef Report: The Fed Playing God with Our Money

Author: A Schaef

The Federal Reserve’s tendency to meddle in the market can be compared to the late Michael Jackson’s infatuation with his own face. Once you start to play God by tweaking things here and there you become disillusioned and think if Ijust keep changing it I can eventually make it perfect – all the while not realizing that what you are really doing is self-mutilation. Our economy has now been so disfigured by the Federal Reserve that our own founding fathers wouldn’t recognize this country anymore than Michael Jackson’s father would recognize him if he had not seen him since he was a young man.

Read More About - Schaef Report: The Fed Playing God with Our Money »

Nov
4

Schaef Report (Fall 2009): The Coming Economic Tsunami

written by A Schaef

It has been said that “a rising tide lifts all boats.” Therefore, make sure you are inside one when that wave comes. The people who are walking out onto the exposed ocean floor right now are the people who have their money in savings accounts, money market accounts, government bonds, etc.

Read More About - Schaef Report (Fall 2009): The Coming Economic Tsunami »

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