by Michael Even though central banks all over the world have been raising interest rates in recent months, food prices just continue to go up. There are a couple of reasons why this is happening. First […]
The only way to pay all these future obligations is by creating new money. I’ve been focusing on inflation, which is more properly understood as the loss of purchasing power of a currency, which when taken to […]
Daniel Lacalle The FT recently ran an article that states that “leading central banks now own a fifth of their governments’ total debt.” The figures are staggering. Without any recession or crisis, major central banks […]
Egon von Greyerz The selling of gold we saw last week was another desperate attack by the BIS and some central banks, together with the bullion banks, to manipulate the gold market lower. We saw […]
by Tyler Durden What Donald Trump has proclaimed the worst deal ever made, may just have become worst-er. The shocking truth behind the US-Iran nuclear deal, as WSJ reports, is that John Kerry and the […]
July 20, 2016 | Author Pater Tenebrarum Chopper Pilot Descends on Nippon Readers are probably aware of recent events in Japan, the global laboratory for interventionist experiments. The theories of assorted fiscal and monetary cranks […]
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