
![]() "Our mission, as set forth by the Congress is a critical one: to preserve price stability, to foster maximum sustainable growth in output and employment, and to promote a stable and efficient financial system that serves all Americans well and fairly." ~ Ben Bernanke |
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The 2008 Beige Book: Summary of Commentary on Current Economic Conditions by Federal Reserve District
"Any investment strategy "I firmly believe that the storms that are approaching the United States economy have developed largely in part by the actions of the Federal Reserve Bank 'pumping money' into the monetary system. The credit bubble, which is the largest storm cloud on our horizon, has grown to epic proportions during the last decade." ~ Jim Puplava, July 2000 These sites have a wealth of economic information: Atlanta FRBChicago FRB Cleveland FRB Dallas FRB Kansas FRB Minneapolis FRB New York FRB Philadelphia FRB St.Louis FRB San Francisco FRB
WHAT LIES BENEATH?
The one lesson history teaches in the financial markets is that there will come a day unlike any other day.
At this point the participants would like to say, "all bets are off", but in fact, the bets
have been placed and cannot be changed. The leverage that once multiplied income will now devastate
principal.” |
FSO Articles of Interest
Interesting Articles
11/15/05 Bernanke: Nomination Hearing
Interesting reference sent by FSO Visitor,
Famous Irrational Exuberance Speech
Books & Expert Interviews |
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