Tag: inflation
-
Six Minutes You Have to Watch
Excellent summary of the current economic situation: This isn’t just a US thing. The US Dollar is (soon to be was IMO) the world’s reserve currency. If you think inflationary pressures and impending sovereign defaults around the world are coincidental to the actions being taken by the US Federal Reserve right now, I have some…
-
Banging on a Ketchup Bottle
Nassim Taleb on the latest round of money printing by the Federal Reserve (euphemism: “Quantitative Easing II”): The point is that you may print, print, print or do these devious methods to hide that you’re printing, but it won’t have any effect. Just like a ketchup bottle that you pour and nothing comes out…then suddenly…the…
mhs 