Free Money

Tyler Durden's picture

Here's Why All Pension Funds Are Doomed, Doomed, Doomed





It's looking increasingly likely that third time's the charm: this set of bubbles is the last one central banks can blow. And when markets free-fall and don't reflate into new bubbles, pension funds will expire, as they were fated to do the day central banks chose zero interest rates forever as their cure for a broken economic model.

 
Tyler Durden's picture

The Anger Of The Unprivileged Is Rising Globally





Interestingly, privilege serves the same purpose--benefiting the few at the expense of the many--regardless of the system's ideological labels. Socialist, Communist and free-market elites loot their populaces and national wealth with equal gusto. Those who came to do good and stayed to do well first accumulate privileges, which they then leverage into wealth and power.

 
Tyler Durden's picture

Shakespeare On Investing





“With every investment we get richer or wiser, never both...”

 
Tyler Durden's picture

Three Weird Consequences Of NIRP





Negative interest rates are all the rage at central banks, a symptom of the deflation that is slowing spreading worldwide. Explicit or not, negative rates have odd and counterintuitive consequences. Imagine the entire banking system trying to stand on its head, and that's kind of how a deflationary, NIRP-driven world will look. Here are three early signs.

 
Tyler Durden's picture

Fed Up With The Fed





Destroying our ability to discover the real cost of assets, credit and risk has not just crippled the markets--it's crippled the entire economy.

 
Tyler Durden's picture

No More Twofers - Why The Vaunted "Clinton Prosperity" Of The 1990s Is A Risible Myth





"...my husband, who I will put in charge of revitalizing the economy ’cause he knows what he’s doing."

Actually, he doesn’t. In truth, it was the doing of Alan Greenspan, and not in a good way.

 
Tyler Durden's picture

Record Number Of Parents Tell Kids They're On Their Own When It Comes To College Bill





The current outstanding student loan debt in the United States is roughly $1.3 trillion, and getting bigger by the second. The good news (for those not concerned about economic realities), Obama has just set the precedent that loans will be forgiven, the bad news, parents are now telling their kids to take out more student loans if they intend on going to college.

 
Tyler Durden's picture

For Stan Druckenmiller This Is "The Endgame" - His Full 'Apocalyptic' Presentation





"The lack of progress and volatility in global equity markets the past year, which often precedes a major trend change, suggests that their risk/reward is negative without substantially lower prices and/or structural reform. Don’t hold your breath for the latter. While policymakers have no end game, markets do."

- Stanley Druckenmiller

 
Tyler Durden's picture

Trumped! Why It Happened And What Comes Next, Part 3 - The Jobs Deal





Donald Trump’s patented phrase “we aren’t winning anymore” lies beneath the tidal wave of anti-establishment sentiment propelling his campaign and, to some considerable degree, that of Bernie Sanders, too. What’s winning is Washington, Wall Street and the bicoastal elites. But most of America’s vast flyover zone has been left behind. Thus, the bottom 90% of families have no more real net worth today than they had 30 years ago and earn lower real household incomes and wages than they did 25 years ago. Needless to say, the lack of good jobs lies at the bottom of the wealth and income drought on main street, and this week’s April jobs report provided still another reminder.

 
Tyler Durden's picture

Trumped! Why It Happened And What Comes Next, Part 2 - The Peace Deal





When it comes to the economic future, a Trump presidency could bring either a shitstorm or salvation. Regrettably, the odds of the former are immensely the higher. That’s because Trump is a welcome, but extremely unguided missile.

 
Tyler Durden's picture

This Incredibly Reckless Policy Is Gaining Momentum





Let’s be honest, free money sounds great. And you might agree if you start daydreaming about what you’d buy with additional $1,000 or $5,000 in your bank account. The truth is, nothing is free...

 
Knave Dave's picture

Are Central Banks Running the Oil Market or Just the World?





Central bankers have the unchaperoned power to create the greatest fortunes ever known to mankind at will and to invest that money wherever they want. With trillions of dollars at their disposal and trillions more whenever they want to conjure it into existence, what is to stop them from controlling the oil market just as they have stocks and bonds?

 
GoldCore's picture

Gold “Chart of The Decade” – Maths Suggest $10,000 Per Ounce Says Rickards





James Rickards, economic and monetary expert, joined Bloomberg’s Francine Lacqua on Tuesday to discuss the gold “chart of the decade”, his new book “The New Case for Gold,” why gold is money and why gold is going to $10,000/oz in the coming years.

 
Tyler Durden's picture

Stockman: Anything Trumps Hillary





So is there any chance at all that Trump will make America Great Again by erecting trade barriers, a Trump Wall on the Rio Grande and an end to America’s imperial beneficence and meddling abroad? Stayed tuned. There may be more to The Donald than meets the eye. And whatever it is, it certainly trumps Hillary’s deplorable purpose to make Imperial Washington an even greater menace both abroad and at home.

 
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