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The Daily Bell does a remarkable job of exposing how money power uses central banking to crush people into submission via global government with economic and political slavery being the desired end result.
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Rarely does a publication have the guts and objectivity to tell it like it is, yet the eloquence and wisdom to listen carefully to the ‘other side.’ This is The Daily Bell accomplishing its daily mission.
GREAT JOB, DAILY BELL
I can say that, unlike the mainstream press, The Daily Bell knows the questions to ask and has the chutzpah to ask them. They realize that socialism and Keynesianism are wrecking the world and they are helping to save what is left of liberty and free markets.
I enjoy reading The Daily Bell because it often has refreshing and novel ways of looking at things.
THE DAILY BELL IS A MUST-READ
Because the world is changing so rapidly, it is difficult to keep up, which means The Daily Bell is a must read. I consider the information critically important reading.
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The good and the bad, the big dogs and the small, the thinkers and the doers among libertarians and on the "Right" – you can encounter them all in The Daily Bell's exclusive weekly interviews. Indispensable.
INFORMATIVE SOURCE OF INFORMATION
The Daily Bell is an informative source of information and commentary from leading figures in the liberty movement. It's a pleasure to be interviewed alongside far more notable individuals.
There is no other publication in print or on the Internet like The Daily Bell. They have the courage to report the truth and analyze current foreign policy, politics and economic events in the context of a formerly hidden history of financial elites.
The Daily Bell is an indispensable source of news and information for those seeking to curtail the power of the welfare-warfare state.
CUTTING EDGE ANALYSIS
At a time when growing majorities worldwide are tuning out mainstream news, people are seeking the cutting edge, insightful and thought provoking analysis that The Daily Bell consistently provides.
The Daily Bell is a fantastic source of challenging thought from a wide range of freedom loving people.
TRUTH AT WORK
There are very few publications out there that have the smarts and guts to tell the truth about the dictatorial forces at work destroying our civilization. Thankfully The Daily Bell is one of them, and it appears in the mailbox every day.
A MUST-READ FOR EVERYONE
The Daily Bell is a must-read for anyone who wants to understand the effects of the state on our economic future.
The Daily Bell features consistently solid analysis of and thoughtful challenges to contemporary statism. I am proud to be on the team.
PREMIER FREE-MARKET ANALYSIS
The Daily Bell rings out for liberty every day. It is the premier online source for insightful and hard-hitting free-market analysis and interpretation of economic, political and business events.
MESSAGES OF TRUTH
The Daily Bell website is one of the authentic voices cutting through the clouds of vapid opinion, the morass of mediocre media and the confusion of Orwellian doublespeak. The Bell website lives up to its name, ringing unheard messages of truth in our ears.
GREAT INVESTMENT INFORMATION
I love reading The Daily Bell! Interesting investment information, a political and social viewpoint that lets me know I'm not alone in the world and "annotated" with analysis. I highly recommend it to all interested readers.
READ IT EVERY DAY
A defender of free markets, The Daily Bell takes a libertarian approach to expose and unravel global misinformation. Read The Daily Bell – every day!
Get outside the box with The Daily Bell and experience independent views.
I consider The Daily Bell essential reading for anyone desirous of understanding the way the world really works.
Liberty is under assault by Big Government. The Daily Bell is an essential tool for information for those who want to fight for freedom.
VOICE OF REASON
I have thoroughly enjoyed the analysis and interviews at The Daily Bell, which has so often been a voice of reason during these perilous times
The Daily Bell has a great libertarian point of view, and excellent economic analysis. Add it to your daily reading.
SEPARATES WHEAT FROM CHAFF
The Daily Bell is a true beacon to lead in helping the reader to separate the wheat from the chaff.
OUT OF THE DARK
The Daily Bell leads us out of the dark tunnel of manipulated press into the light of free press.
I really enjoy reading The Daily Bell for the excellent research and content provided on a wide variety of issues vital to the Freedom Movement.
GREAT THINKERS YOU CAN'T GET ANYWHERE ELSE
The Daily Bell has revived that great old institution of the personal interview, extracting information from today's great thinkers you can't get anywhere else. Outstanding!
THOUGHTFUL NEWS, EXCLUSIVE INTERVIEWS
I always read the Bell. The news items are thoughtfully selected, and the interviews are unavailable elsewhere.
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The future is created by the people who build it, not the people who predict it will not exist. You can meet lots of important builders by reading The Daily Bell.
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I love the Daily Bell. Every issue is principled and informative.
For alternative views on contemporary politics, culture and science, from a libertarian point of view, check out The Daily Bell.
Sit down to read from The Daily Bell and experience a jolt of intellectual energy.
The Daily Bell is one of the most innovative and in-depth websites on the Internet. The breadth of the content is awe inspiring and the amount of knowledge imparted is almost impossible to quantify. For me, as a liberty minded seeker of knowledge, it is a must read.
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The Daily Bell provides unique insights on contemporary political, economic and social problems that can be found in such a concentrated form nowhere else. Whether one agrees or disagrees with it, one cannot afford to ignore it.
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I read it every day!
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The Daily Bell has come out of nowhere to introduce to the Internet community some of the most intriguing and proactive interviews there are out there. Let's hear it for creativity and being ahead of the curve.
I read The Daily Bell every day and I find it very informative.
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Every day, I rely on the Daily Bell for a different perspective you'll never find in the regular media. It's an analysis and timely insight that is profound and provocative.
The Daily Bell affords an excellent alternative perspective on some of the noise and nonsense of mainstream media. In particular, I enjoy reading Anthony Wile's 'free-market analysis' on current subjects and articles. Very insightful.
SOURCES YOU CAN TRUST
The Daily Bell should be on everyone's shortlist of news sources you can trust. It's on mine, and we often refer to it in our own weekly news service at The Reality Zone.
What Saved the Dow? Sensible Economic Policies ... As of the closing bell on Tuesday, the Dow was trading at 14,254—well above the previous all-time peak of 14,198, which the market reached on October 11, 2007. With investors increasingly optimistic about the economy, nearly four hundred issues on the New York Stock Exchange hit new highs. Sticklers will point out that, after accounting for inflation, stock prices are still more than ten per cent below their previous peak, but that's quibbling. Any way you look at it, during the past four years the market has made a remarkable recovery from the post-Lehman crash.- New Yorker
Dominant Social Theme: If not for monetary debasement, the stock market would have foundered.
Free-Market Analysis: This New Yorker article offers us tribute to monetary policy. But certainly there must be a question about manipulating stock averages up using increased money flows. The article ends by challenging free-market types to "acknowledge the success" of politics and the financial system generally in rebounding from the financial crisis and posting such stellar numbers.
Well ... as free-market types, we are perfectly willing to throw in a word of caution when it comes to where the market has been and where it is headed – Dow Jones, Nasdaq and similar US markets anyway. It seems to us that valuations of industry have increased validity when they are subject to investor sentiment rather than Federal Reserve monetary inflation.
In fact, the question becomes – as this article does not seem to notice – whether inflated averages are viable or ephemeral: That is, are they a valid indicator of performance or merely evidence of the power of the printing press. Here's more from the article:
... Take a quick historical quiz. How long do you think it took the market to regain its high after the stock-market crash of 1929? Five years? Ten years? Fifteen years? Twenty years? Keep going. On September 3, 1929, the Dow closed at 381.17, a level it didn't see again until November 23, 1954. That's twenty-five years, two months, and twenty days—more than a quarter of a century. The stock market's recuperation from the Great Depression took almost five times as long as its recovery from the Great Recession.
No big surprise there, you might say. September, 1929, marked the peak of a stock-market bubble, and the Great Depression was a lot more serious than the Great Recession. In the early nineteen-thirties, the unemployment rate reached about thirty per cent, there was widespread hunger, and some serious thinkers believed capitalism was imploding. By the summer of 1932, the stock market had fallen by almost ninety per cent.
Whilst that's all undeniable, nobody should understate the transformation in sentiment over the past forty-eight months. On March 2, 2009, six weeks after President Obama took office, the Dow closed at 6,626.90. In the six months after the collapse of Lehman Brothers, it had fallen more than four thousand points. Compared to its October, 2007, peak, the market was down about fifty-four per cent—the biggest decline it had suffered since the Second World War. Between 1973 and 1975, the Dow dropped forty-five per cent. In October, 1987, it tumbled by a third. But this fall was deeper than either of those.
If, in early March of 2009, you had said the market would rebound to a new high within four years, few would have believed you. With consumers and employers panicking over the ongoing financial crisis, the Gross Domestic Product was falling at an alarming rate, and the economy was shedding more than seven hundred thousand jobs a month. On Wall Street, analysts and investors had roundly booed the initial effort by Tim Geithner, the new Treasury Secretary, to explain how he intended to end the panic.
At the risk of beating a dead horse, and enraging some devotees of Andrew Mellon's approach to economics, it's perhaps worth remembering what turned things around: activist government policies. A combination of government bailouts (which originated in the Bush Administration), emergency-lending programs from the Fed, and bank stress tests organized by the Fed and the Treasury Department stabilized the financial system. The Obama Administration's stimulus program put a floor under the economy at large. And cheap money—a result of the Fed's ongoing efforts to flood the financial system with cash and keep interest rates ultra-low—eventually led to a recovery in stock prices and housing prices, which was what Ben Bernanke and his colleagues wanted to see. In the nineteen-thirties, the initial policy response was very misguided. With Mellon at the Treasury, there were virtually no stimulus programs; meanwhile the Federal Reserve stood by and allowed many banks to collapse. As a result of this inaction, the economy spiraled downward until F.D.R. entered the White House.
This is a standard Keynesian analysis of monetary history. The trouble is that it doesn't go back far enough. It is well known by this time that the newly minted Federal Reserve of the 1920s created the bubble of the Roaring Twenties by printing too many dollars. The reasons for this are somewhat unclear – and may be either malicious or malign, or a combination of both – but the result is not. The Roaring Twenties gave way to the Great Depression of the 1930s.
The article implies that it was activist polices of FDR and now the Obama administration that "saved" their respective financial systems. But the current central banking system is the cause of the problem as well as the solution.
To use a trite metaphor, when the yo-yo going up and down is making you dizzy, put down the yo-yo. The incessant expansion and contraction of the economy based on constant over-printing of money is not healthy for society and is destructive to savings.
For this reason it is doubtful that free-market types will happily endorse the Dow's current higher highs. Every tick upwards makes it more difficult to ascertain what is the result of industrial value and what is the result of monetary policy.
This leads to a further distortion that has to do with how people invest. If investors perceive – as indeed they must – that the market is being unduly influenced by outside forces, then this can lead to a kind of casino mentality where those involved invest for the short term based on external circumstances rather than fundamentals.
If markets are supposed to be a store of value, and are to be treated as such, then less stimulation rather than more ought to be a considered policy. How can policymakers rail against the casino-mentality of larger investors while manipulating the market regularly via central banking super dollars?
It's a contradiction that must be addressed via sounder – or at least more sensible – monetary approaches.