It's always fun to see how the mavens of the "managed economy" are doing a century after Ludwig von Mises completely discredited their ideas. Markets will market.
Monetary premiums are created when people can’t save in their currency so it goes into stocks, bonds, and (sometimes vacant) real estate and people pat themselves on the back for being smart with money except they don’t realize the money is broken. 110 years to get to this point. I’ve been wondering for a long time how much longer until a reset happens. I’ll probably still be wondering 20 years from now when a dozen eggs is $200 and considered normal. It’s inevitable the fiat ponzi ends at some point. Gradually then suddenly. Not looking forward to it all.
It's always fun to see how the mavens of the "managed economy" are doing a century after Ludwig von Mises completely discredited their ideas. Markets will market.
Zero Hedge is back on twitter I just looked
Yeah, that was just me reminiscing.
OH SORRY
I didn’t know Yellen was having Botox treatments.
How do you stay abreast of all of these current events?
Another great read thanks Rudy!
Monetary premiums are created when people can’t save in their currency so it goes into stocks, bonds, and (sometimes vacant) real estate and people pat themselves on the back for being smart with money except they don’t realize the money is broken. 110 years to get to this point. I’ve been wondering for a long time how much longer until a reset happens. I’ll probably still be wondering 20 years from now when a dozen eggs is $200 and considered normal. It’s inevitable the fiat ponzi ends at some point. Gradually then suddenly. Not looking forward to it all.
I'll gladly pay you on Tuesday for a 100,000 Coronado View today. [Apologies to JW Wimpy.]
You’re The Morning Show screen grab packs more punch than you may realise. https://news.sky.com/story/this-morning-to-return-today-after-phillip-schofield-controversy-with-alison-hammond-and-dermot-oleary-as-presenters-12892322
Additionally, I understand Schofield’s brother was done for being a pedo. Must be a thing in the ‘Entertainment’ business worldwide.
SPR: It's fine.