Author Archive
The grotesque side-effects of years-upon-years of ZIRP are beginning to peek out from under the proverbial carpet that policy makers and apologists have continually swept them.
The easiest way to think of present-day monetary policy is as a coordinated centrally planned effort to suspend consequences by edict in a profound King Canute episode of economic folly.…
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I have been reading Armstrong since he was putting out the typewritten samizdat stuff from prison. He is a hard person to size up. I have a pet conspiracy theory (just a theory) that he cut some kind of deal to get out of prison in exchange for becoming a relentless gold basher on behalf of the powers that be 😉 [1]
Since he got out of prison and started his new blog, without playing too much of an armchair psychologist – I can’t help but detect a whiff of manicness to his posts (with a side-order of paranoia, although given what he’s been through, who wouldn’t be manic and a tad paranoid?)
Is Bitcoin a safe store of value?
I just posted this in the thread Do you think Bitcoin is a safe store of value? on the Corner of Berkshire and Fairfax (some of the smartest value investors you’ve never heard of frequent that board, it’s one of my favorite investing boards on the internet) and it occurred to me that it may have come across somewhat vitriolic and rant-ish for such a serious forum and it probably was more suited to a stand-alone post here:…
Everything the government tells you is a Lie.
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The ongoing destruction of US Dollar Purchasing Power has now been relegated “myth” status.
Joe Weisenthal over at Business Insider has gleefully seized on some guy’s tweet, gushing:
… Read MoreYou’ve probably heard the line about how inflation has destroyed 90% of the dollar’s value over the last several decades.
