Recent comments by the head of the Bank of England, the U.K.’s powerful central bank, offered further evidence that Western central bankers are preparing to shower even greater quantities of fiat currency on private banks and financial institutions — all at public expense. Already, tens of trillions of dollars’ worth of debt-based currency has been created out of thin air by the Federal Reserve, the BoE, the European Central Bank, and other central banks to prop up private mega-banks and wild spending sprees by government amid the economic crisis. With help and guidance from the BoE’s new governor, Mark Carney, analysts say all of that is set to accelerate.
An October 25 article for CNBC predicted that gas prices, down significantly from where they were in April, would continue to slide by at least another 10 cents per gallon, perhaps more. That would bring the national average price, currently at $3.29 a gallon, closer to $3, with some places in the country enjoying even lower prices.
The economic problems facing Puerto Rico are the same problems facing the United States, and they are caused by the same things.
Key provisions of the Trans-Pacific Partnership remove disputes between corporations and members states away from domestic courts.