Tag Archives: monetizing debt
Monkey Economics
Despite the advent of the tablet phone and microwave kettle corn, there are still rudimentary evolutionary responses hardwired into the core of the human psyche. During moments of failing they take over and suppress clear thinking. How else can one … Continue reading
The Beginning of the End for the European Union
The European Central Bank initiated a new mass money debasement scheme yesterday. If you recall, this involves buying €60 billion ($66 billion) a month of European government bonds. Somehow this is supposed to improve the economy. No doubt, the European … Continue reading
The Sickness that Never Ends
It’s a wacky and wild world out there. We don’t know what to make of it anymore. The tried and true has disappeared from common circulation like pre-1965 quarter dollars. What remains is a lot of claptrap. For example, we’ve … Continue reading
Leading the Next Economic Downturn
Markets went haywire again this week. The DOW flipped and flopped like a fish out of water. Something spectacular is heading this way…you can just feel it. U.S. government debt has now eclipsed $18.1 trillion. Tack on the debts of … Continue reading
