Alan reviews a report from the Census Bureau that shows that median income has fallen steadily since 1973 and a second report from the BLS that shows that in 20% of U.S. households no one has a job. Todd points to 1880 as the current resistance level. Tom Essaye and Alan talk about the economy and the likely impact of QE. Charles Goyette talks about the collapse of the dollar. Former Ron Paul Chief of Staff and head of the Mises Institute, Jeff Deist and Alan talk about the Federal Reserve and fiat currencies.