Maynard Keynes

Gold As The Monetary System's Sun

"For millennia, people believed that the sun revolved around the earth, appearing, as it did, on the eastern horizon in the morning and setting on the western horizon in the evening... So, we can be forgiven if we educated modern-day people sometimes have difficulty in understanding that gold is the monetary sun."

The Dangers Of Performance-Chasing

"From the current levels of over valuation, excess extension and extreme bullishness which currently exists, the coming reversion 'beyond' the mean will wipe out the majority of any gains made over the last several years. Such is the case with all reversions throughout history. Worrying about 'missing out' on the current bull market should probably not be at the top of your list."

"Liberal Socialism" - Another False Utopia

Very often bad and failed ideas do not die, they simply reappear during periods of supposed social and political crisis in slightly different intellectual garb, and offer “solutions” that would merely help to bring about some of the very types of crises for which they once again claim to have the answers. Socialism in its various “progressive” mutations represents one of the leading ones in our time.

What Is The Liquidity Trap?

"...in the popular - i.e., Keynesian - way of thinking, savings is bad news for the economy: the more people save, the worse things become. (The liquidity trap comes from too much saving and the lack of spending, so it is held.)"

Is Bitcoin Money?

"At various times in history, feathers have been money. Shells have been money. Dollars and euros are money. Gold and silver are certainly money. Bitcoin and other cryptocurrencies can also be money."

Don't Be Fooled - The Federal Reserve Will Continue Rate Hikes Despite Crisis

"Perhaps investors should consider that they are being duped by central bank ploys, and that they are useful idiots in a game designed to keep the public under control with fraudulent markets until the Fed is ready to pull the plug. When the crash takes place, the Fed will find a way to remove itself from any blame."

On Borrowed Time

"...having now weaponized short term lending rates, the nukes can’t be put back in their silos..."