The US Economy Has Not Recovered and Will Not Recover
The United States government has abandoned everyone except the rich.
by Paul Craig Roberts | Feb 22, 2016 | Economy, US, Viewpoints
The United States government has abandoned everyone except the rich.
by Paul Craig Roberts | Jul 28, 2015 | Economy, News & Analysis, US
The gold market is being manipulated. Why?
by Jim Miles | Jan 30, 2015 | Americas, News & Analysis
The neocons, and the rest of Canada, are waiting until April to see what overall effect this chaos will have.
by Paul Craig Roberts | Jan 27, 2015 | Economy, Europe, US, Viewpoints
Like people throughout history, the American people are being turned into serfs and slaves because the fools believe the lies that are fed to them.
by Paul Craig Roberts | Jan 31, 2014 | Economy, News & Analysis, US
On January 17, 2014, we explained “The Hows and Whys of Gold Price Manipulation.” In former times, the rise in the gold price was held down by central banks selling gold or leasing gold to bullion dealers who sold the gold. The...
by Paul Craig Roberts | Jan 27, 2014 | Economy, US, Viewpoints
The economy has been debilitated by the offshoring of middle class jobs for the benefit of...
by Paul Craig Roberts | Jan 11, 2014 | Economy, News & Analysis, US
In America, the unemployment rate is a deception just like everything else. The rate of American unemployment fell because people can’t find jobs. The fewer the jobs, the lower the unemployment rate.
by Paul Craig Roberts | Jan 1, 2014 | US, Viewpoints
In America today, people with power are no longer accountable. This means citizens have become subjects, an indication of social collapse.
by Paul Craig Roberts | Dec 22, 2013 | Economy, US, Viewpoints
The Federal Reserve’s quantitative easing helps the big banks, and manipulation of the gold price downward protects the US dollar from its dilution by QE.
by Paul Craig Roberts | Dec 2, 2013 | Economy, US, Viewpoints
The Federal Reserve describes its policy of Quantitative Easing — the creation of new money with which the Fed purchases Treasury debt and mortgage backed securities — as a low interest rate policy in order to stimulate employment and economic growth. Economists and the financial media have parroted this cover story.
In contrast, I have exposed QE as a scheme for pumping profits into the banks and boosting their balance sheets. The real purpose of QE is to drive up the prices of the debt-related derivatives on the banks’ books, thus keeping the banks with solvent balance sheets.