Will Modern Monetary Theory Blow Up The Dollar?
“As long as the government can print money, we’ll never be broke.” That’s the idea behind modern monetary theory (MMT) in a nutshell. Naturally, many of the nuts in Washington are starting to get behind this unhinged notion. That includes members of Congress such as Rep. Alexandria Ocasio-Cortez (D-N.Y.) and Democratic presidential candidate Sen. Elizabeth Warren (D-Mass.). An Economic Absurdity…Read More
Is Zoltan’s Market Doomsday Imminent? Here Are The Two Things To Watch
In the movie The Outlaw Josey Wales, one of the more famous quotes is, “Don’t piss down my back and tell me it’s raining.” We do not accept the rationale the Fed is using to justify the reintroduction of QE and the latest surge in their balance sheet. Although we do not know why the Fed has…Read More
Goldman Banker On Trial Had $24,000 Hidden In His Sunglasses Case
The very good criminal has their secret stash of cash that they are either hiding from the government or using for illicit “working capital” purposes. Usually, this cash is held in safes, briefcases or good old fashioned sacks with dollar signs on them. Which is why it has piqued the interest of many that a Goldman…Read More