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Will Reishman
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Will Reishman, September 20, 2006:
"Hedgers at the Margin "
The U.S. financial system is undergoing a profoundly unprecedented Monetary
Disorder. This is the understanding one gains from a steady diet of the insights
of Mr. Doug Noland, the chronicler of The Credit Bubble Bulletin found Friday
evenings at
www.prudentbear.com.
The primitive paper money system of John Law, the later calamity of the Great
Weimar inflation, and all previous fiat monetary regimes have been trumped and
are being trumped again in this era of Wildcat Speculative Finance. The
successive waves of money madness on which the American, and now even world
economy are riding, were nurtured by recently departed Fed Chairman Alan
Greenspan, a catastrophe now continued by his successor, Mr. Ben Bernanke...Read
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Will Reishman, May 19, 2005:
"Save Us From the Moneymen"
As the leader whose presumed neglect or incompetence allowed the American boom
of the 1920’s to plunge into the depths of depression, Herbert Hoover is not
known for his economic insight. But based on a few thoughtful passages from his
memoirs that may be an unfair assumption...Read
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Will Reishman, May 4, 2005:
"Transparent Quicksand"
With all the mock rapt attention directed to the
hush-hush-what’s-the-Fed-going-to-say statement that followed the ¼% rate hike
Tuesday, there was a puzzling ending to the affair that says a lot about what’s
really happening on Planet Wall Street...Read
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Will Reishman, Apr. 6, 2005:
"The Hirelings Are Running the World"
With corporate scandals, accounting fraud and the like in the headlines again,
allow me to share a bit of my personal understanding of what’s at the root of
all this. Other than, of course, the fallen condition of sinful humanity, a
prime cause of corporate corruption is that the U.S. financial system is founded
upon dishonest money, originating with the institution of the Federal Reserve in
1913...Read
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