Paul Krugman

Doug Casey: How I Learned To Love Bitcoin - Part 1

"I was first introduced to Bitcoin several years ago...I wish I had listened to his argument more carefully...I was inclined towards it philosophically, but outsmarted myself on an investment level... It’s a fiat currency, yes, but it has much more practical value than any other."

Lies And Distractions Surrounding The Diminishing Petrodollar

"As far as oil and petro-status are concerned, the mainstream media is perfectly willing to report on the smaller stories, but refuse to acknowledge the bigger story... completely unwilling to account for the effects that will result or the deeper meaning behind these events..."

Krugman And The "Heroic" Fed

"Far from being the incorruptible general whose troops must clean up the wreckage left by the hurricane of free-market economics, the Fed usually is ground zero (or at least nearby) when it comes to economic crises."

How Socialism Ruined Venezuela

"As Venezuelans, our poor understanding of the importance of freedom and free markets has created our current disaster... when we enjoyed high levels of economic freedom, we allowed the destruction of political and civil rights, and when we finally established a democracy, we allowed the destruction of economic freedom."

"Japan Has No Illusions That Rates Will Ever Rise": Is This What The Endgame Looks Like

"Whatever the policies, Japan has already tried them. Japan is far more advanced in fully monetizing its debt by utilizing multiple asset classes, from bonds to equities. It also accepts that normalization is not feasible, and unlike the Fed, it has no illusions that rates could ever rise or that deep labour market reforms are either possible or desirable."