Thomas Jefferson included among the injuries inflicted by the King in the Declaration of Independence the trick of creating a multitude of agencies. He wrote: He...
The rise in interest rates will have a major impact upon commercial and investment banks. Believe it or not, their models are incapable of forecasting major changes...
Money has always been fiat whenever government gets involved. Aside from the debasements of England under Henry VIII and the Great Monetary Crisis of the 3rd...
The civil war in Syria has long-reaching consequences for the whole region. However, nothing is more serious than making the same mistake twice. While it is popular...
1929 Suicide Jumpers Whenever there is a deep economic decline with the economy imploding into a black hole of deflation, suicides skyrocket. The high cost...
Gold tumbled about 3% after positive US jobs data sent the dollar rallying and rekindled worries the Federal Reserve could be tempted to scale back its monetary...
The EU is changing the rules concerning deficits. Whatever countries spend on infrastructure will be exempt from the deficit, even though the debts will increase...
QUESTION: Today employment came with 195K. 1- If Europe is imploding, China slowing, Emerging markets slowing, is the US employment story sustainable? 2- After the...
One reader writes making a statement that clearly we are so influential and that is why only a fool does not read our work. Some people assume simply because I said...
