printing money

Markets Plunging On Geithner’s Remarks

Markets Plunging On Geithner's Remarks

Geithner Does It Again The Treasury Secretary said Sunday that some banks will need large amounts of financial aid.  Geithner’s comments seemed to imply that his recently announced rescue plan for the banking industry is only a [...]

Bank Of England’s Desperate Last Tactic Forestalls British Sovereign Default

Printing Money – Final Desperate Tactic The Bank of England is engaging in a massive repurchase of British debt in an attempt to pump cash into a crashing British economy.  The Bank of England’s money printing is [...]