The 2nd Zimbabwean Hyperinflation

Using the printing press without any regard to budgetary rules, without any clear goal in mind, will only make the situation worse...

  • Jul 16, 2019 7:25 PM

Will The Multi-Polar World Be Backed By Gold?

"It’s easy when looking at these trends to see that something big may be on the horizon, that gold is on the verge of being re-monetized and a major shakeup to the world financial system is imminent..."

  • Jul 16, 2019 6:05 PM

Trump Is Fueling A Tribal War In Nancy's House

Trump is driving a wedge right through the Democratic Party, between its moderate and militant wings. With his attacks over the last 48 hours, Trump has signaled whom he prefers as his opponent in 2020. It is not Biden; it is “the Squad.”

  • Jul 16, 2019 5:25 PM

An MMTer Explains MMT In 320 Words

"People misunderstand debt and money. Government debt is simply money the government has spent that hasn’t yet been used to pay taxes. Holders of that debt prefer saving over consuming or they wouldn’t own bonds."

  • Jul 16, 2019 4:46 PM