Tag Archives: john maynard keynes
What Revolutionary France Teaches Us About Fiat Money Collapse
What if the savings in your bank account lost 50 percent of its value over the next 12 months? Would you be a tad irate? Would you wish you’d transferred some of those savings into gold today when it was merely $4,200 per ounce? Continue reading
Why Radical Spending Cuts Are Needed
The International Monetary Fund, a creature birthed at the Bretton Woods Conference in July 1944, turned 80 years old this week. Its bureaucrats are worried. Continue reading
Fed’s QT Taper Talks Are Already Behind The Eight Ball
The monitory policy order has changed dramatically over the last five years. For example, March marks the end of the Fed’s Bank Term Funding Program (BTFP). This, coupled with the rapid draining of reserves, suggests the Fed’s plans for tapering QT are already behind the eight ball. Continue reading
How Quantitative Tightening Ends
The pursuit of decadence is always met with the painful reality that stopping the excess is much more difficult than starting. This realization, like a killer in the night, lies in wait until just after the point of no return. When the certain destruction cannot be undone. Continue reading
