When Fiat Currency Stops Being Money

by Daniel Lacalle via Mises Most emerging and developed market currencies have devalued significantly relative to the United States dollar in 2021 despite the Federal Reserve’s aggressive monetary policy. Furthermore, emerging economies that have benefitted from rising commodity prices have also seen their currencies weaken despite …

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When The Smart Money Says ‘Sold To You’

by jessefelder Over the summer I highlighted the rapid increase in leverage being put to use on the part of speculators in the equity markets. Since that time, it has only continued to grow. Margin debt, call option volumes, net futures positioning and leveraged ETF assets …

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Joe Biden: Thanks to Me, Families Have More Money Now Than Before the Pandemic, Even After Accounting for Inflation

Biden says people have more money than before the pandemic "even after accounting for inflation," and attributes it to vaccines. pic.twitter.com/6nx5afGERW — The Post Millennial (@TPostMillennial) November 22, 2021 STOP HECTORING US, MSM:  NBC Thanksgiving Suggestions to Cope With Joe Biden …

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What’s Wrong With This Picture? M2 Money Growth “SLOWS” To 12.8% YoY As Real Earnings Growth Slows To -1.6% YoY (Will Omarova As Comptroller Make This Better??)

by confoundedinterest17 Highlights for Children has a popular segment called “What’s Wrong With This Picture?” I give you my economics version of “What’s Wrong With This Picture?” It features The Federal Reserve’s M2 Money year–over-year compared with Real Average Weekly Earnings …

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