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Economics and Investing:

SurvivalBlog’s Editor At Large Michael Z. Williamson [1] sent us this sign of the times: Frustrated Owner Bulldozes Home Ahead of Foreclosure [2].

Robert H. and A.P. both sent us this link: South Carolina Lawmaker Seeks to Ban Federal Currency [3]

Reader H.M. e-mailed me to mention that he greatly enjoyed a recent radio interview with Jim Sinclair [4].

Adrian recommended this commentary by John Rutledge: Banana Republics Need Compliant Central Banks [5]. Here is an excerpt: “Wait a minute. Huge increase in government spending. Fast-rising debt. Tax the rich. Appoint political advisors to run the central bank. That’s us! “

Items from The Economatrix:

Jobless Claims, Inflation Jumps as Economy Wobbles [6]

Monetary Inflation and the 32 Cent Gallon of Gas [7] (The Mogambo Guru)

Law of Diminishing Returns of Credit Expansion [8]

Governors Brace for More Economic Turmoil [9] (also sent to us by J.D.D.)

US Consumer Prices Fall for First Time in 27 Years [10]

Pound Slides Further on Surprise Fed Rate Raise [11]