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Friday, November 16, 2012

Hyperinflation Diary

A woman tells her story of growing up after the end of the First World War and the hyperinflation of the Weimar Republic. This chilling tale is testament to what happens when governments permit the unlimited printing of money, such as is happening with the Fed and QE3 (so much crap they had to start another pile). According to wiki "QE3 was announced on 13 September 2012. In an 11-to-1 vote, the Federal Reserve decided to launch a new $40 billion a month, open-ended, bond purchasing program of agency mortgage-backed securities and also to continue extremely low rates policy until at least mid-2015."

Introduction to the Constutition - Part 4

Dr. Larry Arrn, President of Hillsdale College discusses the Constitution and the difference between a constitutional and a bureaucratic government. This lecture runs 30 minutes
and is the final part in the series. I know, Dr. Arrn says there will be a final Q&A session, but it is not available on their youtube channel, so it cannot be posted here.