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Posts Tagged ‘ Dollar Crisis ’

That Pain You Feel at the Pump is From a Dollar Crisis, Not an Oil Crisis

May 29th, 2008 | By Peter D. Schiff | Category: Politics & Economics

It’s unfortunate that the U.S. Supreme Court, in its ruling last week that U.S. currency is unfair to the blind, did not make the next logical step and declare it unfair to everyone who buys gasoline.



The Giant and the Pygmy

Apr 9th, 2008 | By Justice Litle | Category: Politics & Economics

This week we heard two ex-Fed Chairmen weigh in on the credit crisis - one of them a giant; the other a pygmy. Paul Volcker, the first of the two, is a giant in both the literal and figurative sense. By way of the yard stick, Mr. Volcker stands 6 feet 8. He stands even taller in terms of reputation. If ever there existed a Fed head willing to “take away the punch bowl,” it was he.