Archive - May 16, 2015 - Blog entry

Phoenix Capital Research's picture

The Secret Fed Paper That Advocated a "Carry Tax" on All Physical Cash





It would be easy to scoff at these proposals as completely insane if the Fed hadn’t published a paper back in 1999 suggesting the implementation of a “carry tax” or taxing actual physical cash using an expiration date if depositors aren’t willing to spend the money.

 
 

Phoenix Capital Research's picture

A Healthy Financial System Cannot be Built on Fraud





Fraud is endemic in the financial system today. We know that the currency, stock, bond, and even commodity markets have ALL been manipulated by Investment Banks or Central Banks.

 

Marc To Market's picture

Dollar Blues





Dollar downmove still seems corrective in nature.  Fed hike in September still seems most likely scenario.  Taalk of US recession is over the top when unemployment, broadly measured is falling and weekly initial jobless claims are at new cyclical lows.  

 
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