1226 days ago
Old Ron Paul, my ultimate libertarian hero, would be proud of his son today. Senator Rand gave a speech which tears apart the lunacy of Modern Monetary Theory, the money printing that is happening in the US and, on steroids, here in the UK. The left leaning mainstream media, notably, the ghastly and innumerate BBC, lavishes praise on Rishi Sunak for his wisdom in pursuing these policies, indeed the media and political classes enage in obvious GroupThink in supporting Sunak’s folly. The fourth estate needs to listen to Rand and then to challenge the Government rigorously. Of course it will not. MMT is madness. Senator Paul explains why, in language so simple even a BBC economics correspondent can understand it, and also has the real answers. Enjoy
1251 days ago
Asset manager Frank Holmes argues that the US the election results and a split house may be the perfect scenario for the stock market and the ideal scenario for gold. He believes that G20 Central bankers have been functioning as a cartel since 2008 by synchronizing taxation and regulation. Now they are playing with MMT, zero interest rates, and monetary stimulus. However, they have redefined the CPI, and today if you use the old model, inflation is running at close to eight percent. Smart people are buying real assets like art, gold, silver, mining equities, and bitcoin.
