Negative Rates Are Destructive But Profitable
“Remember that Time is Money.” Benjamin Franklin, Advice to a Young Tradesman
It’s unfortunate that such genius identifications as the above have long been forgotten by the economic community. First …
Read MoreThe Opportunity Of Misplaced Inflation
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The global economy is apparently facing a significant problem. Inflation’s gone missing! Central bankers can’t seem to stoke it no matter how deftly …
Read MoreTo Fight The Fed Or Not
“Don’t Fight The Fed”!
This was arguably the most successful investment strategy over the past ten years. There was also no easier way to tarnish one’s reputation and career than …
Read MoreCheap Fed Liquidity Forestalls Deleveraging & Entices Debt
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Powell’s Real Choice: His Reputation Or Esteem—Part 3
The following is Part 3 in a series outlining my belief that central banks and fiat currency …
Read MorePodcast Interview With Lance Roberts
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I joined RIA Advisors Chief Investment Strategist Lance Roberts on his show to discuss some unique views of central banks, capitalism, and …
Read MoreCentral Banks Don’t Create Money … Really
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Powell’s Real Choice: His Reputation Or Esteem—Part 2
The following is Part 2 in a series discussing my belief that fiat currency regimes with central …
Read MorePowell’s Real Choice: His Reputation Or Esteem—Part 1
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Banking’s History Reveals An Impossible Decision
Market participants ascribed a lot of importance to the December meeting of the Federal Open Market Committee …
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Motives Creating Negative Yields
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I previously postulated that negative interest rates are destructive (though profitable) and that they negate human life on a profoundly fundamental level. …
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