Did you think the Fed hiked rates on Wednesday? Well, they talked about fiddling around with overnight rates, reverse repos and their usual excuses for why the economy is still struggling to reach stall speed, but let’s have a quick…
Did you think the Fed hiked rates on Wednesday? Well, they talked about fiddling around with overnight rates, reverse repos and their usual excuses for why the economy is still struggling to reach stall speed, but let’s have a quick…
It’s time to delve into the murky waters of the nexus between money, central banks, governments, banks, and humankind. Most of my thoughts are focussed on the present and the future, rather than the past, so that means there will…
If you follow the world of money as closely as we do, you will not be at all surprised by the information contained in this brief post. If this is news to you, and you have more than 100,000 in…
You may have noticed that the title to this post is a quotation. A hedge fund manager we met recently told us he was always interested in hearing ‘extreme views’. We were not offended, rather we were somewhat amused. This…