“The soul of money is trust. To operate effectively, businesses must maintain the trust of investors. And central banks must maintain the trust of the public."
That’s right. Inflation is going to rise in the early months of this year, as predicted here. The battle has not been won, and the market was delusional to jump so easily to the belief that it was.
We reveal how the Fed's demand destruction policy is monetary quackery, like the Medieval practice of bloodletting. The more blood they took, the worse the patients got.
A lawmaker in Mississippi introduced legislation yesterday that would prompt the state to invest a small portion of state funds in gold and silver, as well as eliminate sales and income tax liabilities on the monetary metals.
The military will always find the most expensive way to accomplish anything. You know, like the plastic control knob that costs $145 because it’s going into a fighter jet. Maybe they used their $400,000-each sidewinder..
Oh, but the rigorous riggery never ends
With that said and with the notes above about how the Bureau of Lying Statistics’ seasonal adjustments in recent months were predictably too..
Does a live person answer the phone? Did a highly commissioned salesperson give you an aggressive pitch? Did they recommend high-margin collectibles or something other than low-price bullion coins..
Call it whatever you want, but the economy is in a bad way, powered by consumer borrowing that is unsustainable and shakily backstopped by Baby Boomer 'wealth' dwarfed by Social Security, Medicare and public pension liabilities..
