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	<title>Beyond The Broken Spectrum &#187; Economics</title>
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	<link>http://brokenspectrum.com</link>
	<description>Advancing the cause of truth and liberty daily</description>
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		<title>Should the Fed Pump Even More?</title>
		<link>http://brokenspectrum.com/2010/07/27/should-the-fed-pump-even-more/</link>
		<comments>http://brokenspectrum.com/2010/07/27/should-the-fed-pump-even-more/#comments</comments>
		<pubDate>Tue, 27 Jul 2010 19:52:25 +0000</pubDate>
		<dc:creator>Stephen</dc:creator>
				<category><![CDATA[Economics]]></category>
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		<guid isPermaLink="false">http://brokenspectrum.com/?p=2214</guid>
		<description><![CDATA[Some Fed officials and various commentators, such as Professor Paul Krugman, are of the view that the US central bank should be ready to consider additional steps to boost the US economy in the wake of a visible softening in key economic data. For instance, the yearly rate of growth of retail sales, after climbing [...]


Related posts:<ol><li><a href='http://brokenspectrum.com/2009/10/05/clunkers-in-practice/' rel='bookmark' title='Permanent Link: Clunkers in Practice: One of Washington&#8217;s all-time dumb ideas'>Clunkers in Practice: One of Washington&#8217;s all-time dumb ideas</a> <small>Remember &#8220;cash for clunkers,&#8221; the program that subsidized Americans to...</small></li><li><a href='http://brokenspectrum.com/2010/03/12/the-stimulus-scam/' rel='bookmark' title='Permanent Link: The Stimulus Scam'>The Stimulus Scam</a> <small>The recent improvement of the global economy, with particularly high...</small></li><li><a href='http://brokenspectrum.com/2010/06/08/the-phantom-recovery/' rel='bookmark' title='Permanent Link: The Phantom Recovery'>The Phantom Recovery</a> <small>By Peter Schiff LewRockwell.com In recent months, GDP numbers have...</small></li></ol>

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		<title>Central banks start to abandon the U.S. dollar</title>
		<link>http://brokenspectrum.com/2010/07/12/central-banks-start-to-abandon-the-u-s-dollar/</link>
		<comments>http://brokenspectrum.com/2010/07/12/central-banks-start-to-abandon-the-u-s-dollar/#comments</comments>
		<pubDate>Mon, 12 Jul 2010 21:37:04 +0000</pubDate>
		<dc:creator>Stephen</dc:creator>
				<category><![CDATA[Economics]]></category>
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		<guid isPermaLink="false">http://brokenspectrum.com/?p=2176</guid>
		<description><![CDATA[There are those who would argue that the financial crisis was caused by over-enthusiastic worship of the Almighty Dollar. Call it brutal financial karma, but that church is looking pretty empty these days.
A new report from Morgan Stanley analyst Emma Lawson confirms what many had suspected: the dollar is firmly on its way to losing [...]


Related posts:<ol><li><a href='http://brokenspectrum.com/2010/04/19/wall-street-is-to-blame/' rel='bookmark' title='Permanent Link: Wall Street Is to Blame!'>Wall Street Is to Blame!</a> <small>The beat goes on. We identify dominant social themes for...</small></li><li><a href='http://brokenspectrum.com/2009/10/13/dollar-loses-reserve-status-to-yen-euro/' rel='bookmark' title='Permanent Link: Dollar loses reserve status to yen &#038; euro'>Dollar loses reserve status to yen &#038; euro</a> <small>Ben Bernanke&#8217;s dollar crisis went into a wider mode yesterday...</small></li><li><a href='http://brokenspectrum.com/2009/09/21/hsbc-bids-farewell-to-dollar-supremacy/' rel='bookmark' title='Permanent Link: HSBC bids farewell to dollar supremacy'>HSBC bids farewell to dollar supremacy</a> <small>The sun is setting on the US dollar as the...</small></li></ol>

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		<title>Companies brace for end of cheap made-in-China era</title>
		<link>http://brokenspectrum.com/2010/07/09/companies-brace-for-end-of-cheap-made-in-china-era/</link>
		<comments>http://brokenspectrum.com/2010/07/09/companies-brace-for-end-of-cheap-made-in-china-era/#comments</comments>
		<pubDate>Fri, 09 Jul 2010 20:14:42 +0000</pubDate>
		<dc:creator>Stephen</dc:creator>
				<category><![CDATA[Business News]]></category>
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		<guid isPermaLink="false">http://brokenspectrum.com/?p=2165</guid>
		<description><![CDATA[Factory workers demanding better wages and working conditions are hastening the eventual end of an era of cheap costs that helped make southern coastal China the world&#8217;s factory floor.
A series of strikes over the past two months have been a rude wakeup call for the many foreign companies that depend on China&#8217;s low costs to [...]


Related posts:<ol><li><a href='http://brokenspectrum.com/2010/03/15/google-pullout-from-china-99-9-likely/' rel='bookmark' title='Permanent Link: Google Pullout From China 99.9% Likely'>Google Pullout From China 99.9% Likely</a> <small>Google said on Monday it remained in talks with the...</small></li><li><a href='http://brokenspectrum.com/2010/01/13/google-reports-china-based-attack-says-pullout-possible/' rel='bookmark' title='Permanent Link: Google reports China-based attack, says pullout possible'>Google reports China-based attack, says pullout possible</a> <small>Google said Tuesday the company and at least 20 others...</small></li><li><a href='http://brokenspectrum.com/2009/10/02/china-celebrates-its-rosy-future-without-dealing-with-the-past-or-present/' rel='bookmark' title='Permanent Link: China celebrates its rosy future without dealing with the past or present'>China celebrates its rosy future without dealing with the past or present</a> <small>China stopped for hours yesterday to watch the television and...</small></li></ol>

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		<title>The Social Function of Credit-Default Swaps</title>
		<link>http://brokenspectrum.com/2010/06/29/the-social-function-of-credit-default-swaps/</link>
		<comments>http://brokenspectrum.com/2010/06/29/the-social-function-of-credit-default-swaps/#comments</comments>
		<pubDate>Tue, 29 Jun 2010 21:58:47 +0000</pubDate>
		<dc:creator>Stephen</dc:creator>
				<category><![CDATA[Economics]]></category>
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		<guid isPermaLink="false">http://brokenspectrum.com/?p=2141</guid>
		<description><![CDATA[Whenever the government causes a mess, chances are high that it will accuse speculators of being responsible. In the recent financial crisis, speculators and their financial instruments have been under attack again. Some famous investors have even supported governments&#8217; attacks on speculators. Warren Buffet has called derivatives &#8220;financial weapons of mass destruction.&#8221;
In the current sovereign-debt [...]


Related posts:<ol><li><a href='http://brokenspectrum.com/2010/05/21/have-we-crossed-the-point-of-no-return/' rel='bookmark' title='Permanent Link: Have We Crossed the Point of No Return?'>Have We Crossed the Point of No Return?</a> <small>A specter is haunting the world, and especially Europe: the...</small></li><li><a href='http://brokenspectrum.com/2010/05/06/do-capitalists-produce-nothing/' rel='bookmark' title='Permanent Link: Do Capitalists Produce Nothing?'>Do Capitalists Produce Nothing?</a> <small>The subprime crisis left many Americans wary of financial markets...</small></li><li><a href='http://brokenspectrum.com/2010/06/08/the-phantom-recovery/' rel='bookmark' title='Permanent Link: The Phantom Recovery'>The Phantom Recovery</a> <small>By Peter Schiff LewRockwell.com In recent months, GDP numbers have...</small></li></ol>

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		<title>50 Statistics About The U.S. Economy That Are Almost Too Crazy To Believe</title>
		<link>http://brokenspectrum.com/2010/06/22/50-statistics-about-the-u-s-economy-that-are-almost-too-crazy-to-believe/</link>
		<comments>http://brokenspectrum.com/2010/06/22/50-statistics-about-the-u-s-economy-that-are-almost-too-crazy-to-believe/#comments</comments>
		<pubDate>Tue, 22 Jun 2010 19:58:49 +0000</pubDate>
		<dc:creator>Stephen</dc:creator>
				<category><![CDATA[Economics]]></category>
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		<guid isPermaLink="false">http://brokenspectrum.com/?p=2122</guid>
		<description><![CDATA[Source: Most Americans know that the U.S. economy is in bad shape, but what  most Americans don&#8217;t know is how truly desperate the financial situation  of the United States really is.  The truth is that what we are  experiencing is not simply a &#8220;downturn&#8221; or a &#8220;recession&#8221;.  What we are  witnessing [...]


Related posts:<ol><li><a href='http://brokenspectrum.com/2010/01/08/study-claims-legalization-of-illegal-immigrants-will-help-economy/' rel='bookmark' title='Permanent Link: Study claims legalization of illegal immigrants will help economy'>Study claims legalization of illegal immigrants will help economy</a> <small>Legalization of the more than 11 million unauthorized immigrants in...</small></li><li><a href='http://brokenspectrum.com/2010/04/09/cbo-chief-says-debt-unsustainable/' rel='bookmark' title='Permanent Link: CBO chief says debt &#8216;unsustainable&#8217;'>CBO chief says debt &#8216;unsustainable&#8217;</a> <small>The nation’s fiscal path is “unsustainable,” and the problem “cannot...</small></li><li><a href='http://brokenspectrum.com/2010/03/18/are-u-s-pot-laws-the-root-cause-of-mexican-drug-violence/' rel='bookmark' title='Permanent Link: Are U.S. Pot Laws the Root Cause of Mexican Drug Violence?'>Are U.S. Pot Laws the Root Cause of Mexican Drug Violence?</a> <small>By Paul Armentano It was less than one year ago...</small></li></ol>

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		<title>The Phantom Recovery</title>
		<link>http://brokenspectrum.com/2010/06/08/the-phantom-recovery/</link>
		<comments>http://brokenspectrum.com/2010/06/08/the-phantom-recovery/#comments</comments>
		<pubDate>Tue, 08 Jun 2010 18:16:09 +0000</pubDate>
		<dc:creator>Stephen</dc:creator>
				<category><![CDATA[Economics]]></category>
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		<guid isPermaLink="false">http://brokenspectrum.com/?p=2093</guid>
		<description><![CDATA[By Peter Schiff LewRockwell.com
In recent months, GDP numbers have rebounded – primarily as a result of record low interest rates reliquifying the credit market and government stimulus jolting consumer spending. Although the &#8220;positive growth&#8221; has delighted Obama&#8217;s economic brain trust, it has done little to boost the fortunes of Main Street. As I have said [...]


Related posts:<ol><li><a href='http://brokenspectrum.com/2010/07/12/6-4-billion-stimulus-goes-to-phantom-districts/' rel='bookmark' title='Permanent Link: $6.4 Billion Stimulus Goes to Phantom Districts'>$6.4 Billion Stimulus Goes to Phantom Districts</a> <small>Just how big is the stimulus package? Well for one,...</small></li><li><a href='http://brokenspectrum.com/2010/07/27/should-the-fed-pump-even-more/' rel='bookmark' title='Permanent Link: Should the Fed Pump Even More?'>Should the Fed Pump Even More?</a> <small>Some Fed officials and various commentators, such as Professor Paul...</small></li><li><a href='http://brokenspectrum.com/2009/10/31/saved-or-created-w-h-cant-tell/' rel='bookmark' title='Permanent Link: Saved or created? W.H. can&#8217;t tell'>Saved or created? W.H. can&#8217;t tell</a> <small>White House officials announced Friday that they had counted exactly...</small></li></ol>

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		<title>Central Banking vs. The Republic and the World</title>
		<link>http://brokenspectrum.com/2010/05/30/central-banking-vs-the-republic-and-the-world/</link>
		<comments>http://brokenspectrum.com/2010/05/30/central-banking-vs-the-republic-and-the-world/#comments</comments>
		<pubDate>Mon, 31 May 2010 04:21:12 +0000</pubDate>
		<dc:creator>Stephen</dc:creator>
				<category><![CDATA[Economics]]></category>
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		<guid isPermaLink="false">http://brokenspectrum.com/?p=2065</guid>
		<description><![CDATA[A couple of days ago in Japan, Ben Bernanke said that the benefits of low interest rate policies that politicians want “are not sustainable and will soon evaporate, leaving behind inflationary pressures that worsen the economy’s long-term prospects…&#8230;thus political interference in monetary policy can generate undesirable boom-bust cycles that ultimately lead to both a less [...]


Related posts:<ol><li><a href='http://brokenspectrum.com/2010/05/30/the-fine-print-of-central-banking/' rel='bookmark' title='Permanent Link: The Fine Print of Central Banking'>The Fine Print of Central Banking</a> <small>Since the rise of Hugo Chavez, Venezuela has become a...</small></li><li><a href='http://brokenspectrum.com/2010/01/15/u-n-s-world-health-organization-eyeing-global-tax-on-banking-internet-activity/' rel='bookmark' title='Permanent Link: U.N.&#8217;s World Health Organization Eyeing Global Tax on Banking, Internet Activity'>U.N.&#8217;s World Health Organization Eyeing Global Tax on Banking, Internet Activity</a> <small>The World Health Organization (WHO) is considering a plan to...</small></li><li><a href='http://brokenspectrum.com/2010/02/16/to-regulate-or-deregulate-banking-isnt-the-question/' rel='bookmark' title='Permanent Link: To regulate or deregulate banking: Isn&#8217;t the question'>To regulate or deregulate banking: Isn&#8217;t the question</a> <small>Does It Make Sense to Resurrect the Glass-Steagall Act? Mises...</small></li></ol>

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		<title>The Fine Print of Central Banking</title>
		<link>http://brokenspectrum.com/2010/05/30/the-fine-print-of-central-banking/</link>
		<comments>http://brokenspectrum.com/2010/05/30/the-fine-print-of-central-banking/#comments</comments>
		<pubDate>Mon, 31 May 2010 04:12:02 +0000</pubDate>
		<dc:creator>Stephen</dc:creator>
				<category><![CDATA[Economics]]></category>
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		<guid isPermaLink="false">http://brokenspectrum.com/?p=2063</guid>
		<description><![CDATA[Since the rise of Hugo Chavez, Venezuela has become a superstar of sorts. It frequently makes headline news, whether due to some type of utility shortage, some political scandal, or a corruption case. The most common perception of Venezuela is one of economic peril. Indeed, analysts have been predicting the government&#8217;s collapse since at least [...]


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		<title>What&#8217;s Really Wrong with the Healthcare Industry</title>
		<link>http://brokenspectrum.com/2010/05/30/whats-really-wrong-with-the-healthcare-industry/</link>
		<comments>http://brokenspectrum.com/2010/05/30/whats-really-wrong-with-the-healthcare-industry/#comments</comments>
		<pubDate>Mon, 31 May 2010 01:37:22 +0000</pubDate>
		<dc:creator>Stephen</dc:creator>
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		<guid isPermaLink="false">http://brokenspectrum.com/?p=2060</guid>
		<description><![CDATA[On May 3, 2010, I gave a talk to a class of students studying public health policy at the University of Washington. I began the talk by asking the students how many of them believed that the current healthcare system in America was flawed; everyone in the class raised their hand. I then asked how [...]


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		<title>Johanna Blakely: Lessons from fashion&#8217;s free culture</title>
		<link>http://brokenspectrum.com/2010/05/30/johanna-blakely-lessons-from-fashions-free-culture/</link>
		<comments>http://brokenspectrum.com/2010/05/30/johanna-blakely-lessons-from-fashions-free-culture/#comments</comments>
		<pubDate>Sun, 30 May 2010 20:32:12 +0000</pubDate>
		<dc:creator>Stephen</dc:creator>
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		<description><![CDATA[Copyright law&#8217;s grip on film, music and software barely touches the fashion industry and fashion benefits in both innovation and sales, says Johanna Blakley. At TEDxUSC 2010, she talks about what all creative industries can learn from fashion&#8217;s free culture.



Related posts:The Culture War Is Lost A friend of mine recently wrote an article based on...By [...]


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		<title>Huge, Legal Cannabis Farm Study Surprises Industry, Officials</title>
		<link>http://brokenspectrum.com/2010/05/27/huge-legal-cannabis-farm-study-surprises-industry-officials/</link>
		<comments>http://brokenspectrum.com/2010/05/27/huge-legal-cannabis-farm-study-surprises-industry-officials/#comments</comments>
		<pubDate>Thu, 27 May 2010 16:39:25 +0000</pubDate>
		<dc:creator>Stephen</dc:creator>
				<category><![CDATA[Drug Related]]></category>
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		<guid isPermaLink="false">http://brokenspectrum.com/?p=2044</guid>
		<description><![CDATA[The groundbreaking study showing how the City of Oakland could make $2 million per year licensing a medical cannabis growing warehouse caught many locals by surprise this week. Even though city officials and the cannabis industry are looking toward licensing large-scale grows allowed under state law SB 420, the hard numbers appear to be the [...]


Related posts:<ol><li><a href='http://brokenspectrum.com/2010/03/22/are-you-cannabis-deficient/' rel='bookmark' title='Permanent Link: Are You Cannabis Deficient?'>Are You Cannabis Deficient?</a> <small>If the idea of having a marijuana deficiency sounds laughable...</small></li><li><a href='http://brokenspectrum.com/2009/10/18/legal-medicinal-grow-ops-declared-a-threat-to-public-safety/' rel='bookmark' title='Permanent Link: Legal medicinal grow ops declared a threat to public safety'>Legal medicinal grow ops declared a threat to public safety</a> <small>Residents of Canada that are allowed by law to grow...</small></li><li><a href='http://brokenspectrum.com/2010/05/14/marijuana%e2%80%99s-social-costs-are-far-less-than-those-of-legal-intoxicants/' rel='bookmark' title='Permanent Link: Marijuana’s Social Costs Are Far Less Than Those Of Legal Intoxicants'>Marijuana’s Social Costs Are Far Less Than Those Of Legal Intoxicants</a> <small>By Paul Armentano Critics of a proposal to legalize marijuana...</small></li></ol>

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		<title>&#8220;Deficit Financing&#8221; and Inflation</title>
		<link>http://brokenspectrum.com/2010/05/21/deficit-financing-and-inflation/</link>
		<comments>http://brokenspectrum.com/2010/05/21/deficit-financing-and-inflation/#comments</comments>
		<pubDate>Fri, 21 May 2010 21:14:44 +0000</pubDate>
		<dc:creator>Stephen</dc:creator>
				<category><![CDATA[Economics]]></category>
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		<guid isPermaLink="false">http://brokenspectrum.com/?p=2035</guid>
		<description><![CDATA[I assume that you know how the banking system developed and how the banks could improve the services rendered by gold, by transferring assets from one individual to another individual in the books of the banks. When you study the development of the history of money you will discover that there were countries in which [...]


Related posts:<ol><li><a href='http://brokenspectrum.com/2010/04/19/wall-street-is-to-blame/' rel='bookmark' title='Permanent Link: Wall Street Is to Blame!'>Wall Street Is to Blame!</a> <small>The beat goes on. We identify dominant social themes for...</small></li><li><a href='http://brokenspectrum.com/2010/07/01/banks-financing-mexico-gangs-admitted-in-wells-fargo-deal/' rel='bookmark' title='Permanent Link: Banks Financing Mexico Gangs Admitted in Wells Fargo Deal'>Banks Financing Mexico Gangs Admitted in Wells Fargo Deal</a> <small>Just before sunset on April 10, 2006, a DC-9 jet...</small></li><li><a href='http://brokenspectrum.com/2010/02/22/the-dangers-of-monetary-reform/' rel='bookmark' title='Permanent Link: The Dangers of Monetary Reform'>The Dangers of Monetary Reform</a> <small>By Kaj Grussner of Mises.org Austrians have long called for...</small></li></ol>

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		<title>Have We Crossed the Point of No Return?</title>
		<link>http://brokenspectrum.com/2010/05/21/have-we-crossed-the-point-of-no-return/</link>
		<comments>http://brokenspectrum.com/2010/05/21/have-we-crossed-the-point-of-no-return/#comments</comments>
		<pubDate>Fri, 21 May 2010 21:06:01 +0000</pubDate>
		<dc:creator>Stephen</dc:creator>
				<category><![CDATA[Economics]]></category>
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		<description><![CDATA[A specter is haunting the world, and especially Europe: the specter of a sovereign insolvency. The acute sovereign-debt crisis is largely the result of government interventions in response to the financial crisis.
As Austrian business-cycle theory explains, the credit expansion of the fractional-reserve-banking system had caused an unsustainable boom. At artificially low interest rates, additional investment [...]


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		<title>Conflict or Cooperation</title>
		<link>http://brokenspectrum.com/2010/05/16/conflict-or-cooperation/</link>
		<comments>http://brokenspectrum.com/2010/05/16/conflict-or-cooperation/#comments</comments>
		<pubDate>Mon, 17 May 2010 04:19:53 +0000</pubDate>
		<dc:creator>Stephen</dc:creator>
				<category><![CDATA[Economics]]></category>
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		<description><![CDATA[Different Americans have different and often intense preferences for all kinds of goods and services. Some of us have strong preferences for beer and distaste for wine while others have the opposite preference — strong preferences for wine and distaste for beer. Some of us hate three-piece suits and love blue jeans while others love [...]


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		<title>Everything You Love You Owe to Capitalism</title>
		<link>http://brokenspectrum.com/2010/05/16/everything-you-love-you-owe-to-capitalism/</link>
		<comments>http://brokenspectrum.com/2010/05/16/everything-you-love-you-owe-to-capitalism/#comments</comments>
		<pubDate>Mon, 17 May 2010 02:50:16 +0000</pubDate>
		<dc:creator>Stephen</dc:creator>
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		<description><![CDATA[I&#8217;m sure that you have had this experience before, or something similar to it. You are sitting at lunch in a nice restaurant or perhaps a hotel. Waiters are coming and going. The food is fantastic. The conversation about all things is going well. You talk about the weather, music, movies, health, trivialities in the [...]


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