Economics and Investing:

Watch This Interview Clip! Charles Biderman Fox Business July 30, 2010–Collapse Ahead? (Thanks to Mac H. for the link.)

B.B. recommended the American Thinker essay The Death of the Dollar by Vasko Kohlmayer.

This comes as no surprise: States Raising Cigarette, Gas and Sales Taxes to Cover Shortfalls.

Why the US keeps minting coins people hate and won’t use. OBTW, don’t bother stockpiling them, since they are 88.5% copper, and hence it would take Weimar scale inflation to make their metallic content worth more than the coins’ face value.

J.B.G. sent this: Commodity spike queers the pitch for Bernanke’s QE2.

Items from The Economatrix:

Stocks Inch Higher as Investors Look to Fed

Freddie Mac Requests $1.8 Billion in Aid After 2Q Loss

US Job Losses Double Expected Figure

UK: Commodity Prices Soar, Food Inflation Back

AIG Loses Another Half Billion

The Death Of The Dollar

Who’s Scoffing Now?

Wall Street’s Big Win

The New Push for a Global Currency

The Economy in for a Long Dark Period — Here’s How to Survive

Unholy Trinity Sets Up Bank Failures

The Crisis Of Middle-Class America

Banking Insanity (The Mogambo Guru)