Economics

Over 80 percent of the economists surveyed by the National Association for Business Economics believe that America’s worst recession since the Great Depression has come to an end and a slow recovery has begun.

goldEarly on October 8, BBC News reported that gold had hit $1,058 per ounce, marking the third consecutive day of all-time-high prices.

un dollarThe United Nations released a report Monday attacking free-market economics and the role of U.S. Federal Reserve notes in the world economy, while proposing increased centralization of global monetary and financial systems and more “solutions” to so-called “climate change.”

Federal ReserveA federal court ordered the secretive Federal Reserve (Fed) to hand over documents about its “emergency” lending programs Monday under a Freedom of Information Act (FOIA) suit filed by Bloomberg LP. But the Fed’s board of governors is resisting.

Bernanke when renominatedPresident Barack Obama on August 25 renominated current Federal Reserve Chairman Ben Bernanke to another four-year term as Chairman of the Federal Reserve Board of Governors, but free-market economists have concluded that Bernanke's policies are creating the seeds of another economic crash.

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