Financial Times: Believe in unicorns, not gold

by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Dear Friend of GATA and Gold: In a recent editorial, “A 50-Year Quest for Monetary Stability,” the Financial Times, the posturing mouthpiece of the Anglo-American financial establishment, notes the 50th anniversary of the destruction of …

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The Fed Created an Economy of Zombies and Unicorns

By John Mauldin Central bankers have a well-worn playbook for handling recessions. Cut interest rates, increase liquidity, and otherwise shove capital into the private sector. This helps businesses hire more workers and raise wages. Then gradually remove all the stimulus …

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Do You Believe In BLS Unicorns?

Authored by Jim Quinn via The Burning Platform blog, The chart below says there has been 55.6% inflation over the last 20 years. That is just less than a 2.4% annual level of inflation. What a load of bullshit. Let’s look …

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