Mike Maloney does a great job of explaining why the currency creation that took place since the late 1960’s has distorted financial assets including the stock market. Stocks have a long way to fall before they become fairly valued. They are very unlikely to return to bubble prices seen in the 2010’s anytime soon.
A very interesting interview with Raoul Pal discussing the impact of CoVid19 and how those events are triggering an implosion in the debt, equity and pension systems. At the end, he offers a great perspective on Bitcoin and Ethereum and the emerging financial system. Fantastic macro insights!
He who prints the money makes the rules.
Does the west have a future?
Bitcoin v Dollar image that anyone can use.
Unbelievable video from 2010 where the Inspector General is asked where the $9 trillion is. She runs around in circles and acts confused to avoid answering the question.
The Winners & Losers in Currency Creation
Many people across the globe have lost faith in government currencies and seek to reestablish individual sovereignty over their wealth, through scarce money alternatives. Here is the one page history of the colossal fiat currency failure.
The Politically Connected and Their Multi-Trillion Dollar Cash Cow
How Government Spending and Money Printing Distorts the Economy.