Free Money

Yanking The Bank Of Japan's Chain - "It's Basic Math, Stupid!"

Aside from a generation of GDP growth stagnation, Japan also has another important distinction. The country is serving as the canary in the coal mine for what happens to an economy that has a rapidly aging population, burdensome debt obligations and stagnating growth.

Is The Bitcoin Civil War Over?

"Only time will tell if some of those considered “bad actors” will try to target the original Bitcoin out of pettiness, but you should never underestimate what people with a lot of money/power and huge egos will do. History is replete with the ruins of the crazed actions of these types of individuals."

The New "Supply-Side Economics" Fueling Asset Bubbles

No, we are not talking about President Reagan’s supply-side economics... We now have a new kind of supply-side economics, just the opposite of Reagan’s, which effectively restricts, removes and shifts the supply curve to the left, increasing prices and fueling asset bubbles in risk-free bonds, stocks, and housing.

America's Fertility Rate Falls To Record Low

The US isn't yet grappling with the economic disaster that is a shrinking popuation - unlike Japan. Though it's starting to look like a not-too-distant possibility...

Albert Edwards: "Citizens Will Soon Turn Their Rage Towards Central Bankers"

"In an age of “radical uncertainty” how long will it be before angry citizens tire of blaming an impotent political system for their ills and turn on the main culprits for their poverty – unelected and virtually unaccountable central bankers? I expect central bank independence will be (and should be) the next casualty of the current political turmoil."