Valuation Fallacies
byBy Jeffrey P. Snider Everyone knows about lies, damned lies, and statistics. The quote has been attached to Mark Twain who apparently attributed to…
Mental men prefer bonds
by“In a time of universal deceit, telling the truth is a revolutionary act.” George Orwell. Japan got there first. 15 years ago, we…
The Monetary Policy Trilemma in light of a Choice of Monies
byOne of the key theoretical and policy obstacles to overcome when trying to enable a genuine choice of monies amongst agents (through enabling them…
The pump and dump of UK residential property
byMessrs Carney and Osborne are turning out to be a dangerous double-act for UK residential property investors. They have been using monetary and fiscal…
Hamilton’s Curse (reprised)
byThe following article is (after very light editing) something your author wrote early in October of 2008, when the padlocks on the Lehman office building…
Former SEIU President Andy Stern Dips His Toe Into The 2020 Presidential Waters
byAre good Middle Class jobs an endangered species? If so is the solution to that for the taxpayers to send almost everyone $10,000/year tax…
Trust no-one
by“Predictably, there is speculation that Brexit will not happen. If Britain can vote for Brexit, it is being argued, surely anything is possible. But…
David Stockman: Crisis Is Us – The Inexorable Result Of Modern Central Banking
byThe inexorable effect of contemporary central banking is serial financial booms and busts. With that comes increasing levels of systemic financial instability and a…
Benn Steil: What If Japan Becomes Treasury’s First Currency ‘Manipulator’ in 22 Years?
byIn May, Japanese Finance Minister Taro Aso and colleagues warned of their willingness to intervene in currency markets to counteract upward pressure on the…
Head of the Snake – The Poisonous Gap Between Paper Wealth and Real Wealth
byBy John P. Hussman, Ph.D. “Understand that securities are not net economic wealth. They are a claim of one party in the economy – by…