Monetary Policy

The "Exit" Problem

"The collective wisdom of market participants is generally 'right' during the middle of a market advance but 'wrong' at market peaks and troughs..."

The Zealous Pursuit Of State-Sponsored Collapse

"Most notably, financing tax cuts with money borrowed from the future is doomed to fail.  Hence, the great GOP tax cuts represent but another fail milestone in the zealous pursuit of state-sponsored collapse..."

Are Economic Crises Inherent To Market Economies?

"...to contend that an economy of real socialism offers the advantage of eliminating economic crises is tantamount to affirming that the advantage of being dead is immunity to disease."