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Modern Monetary Insanity And The Three Stooges

by irdadmin | Mar 12, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy

James Kunstler summarized it perfectly. So rather than reinventing the wheel, here’s an excerpt from his Monday commentary: Jerome Powell [was] wheeled out on CBS’s 60 Minutes Sunday night, like a cigar store Indian at an antique fair, so vividly sculpted and...

Consumer Spending Contraction: Two Charts That Horrify Keynesians

by irdadmin | Jun 10, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

“While the decline in housing activity has been significant and will probably continue for a while longer, I think the concerns we used to hear about the possibility of a devastating collapse—one that might be big enough to cause a recession in the U.S. economy—have...

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