The 1-month Libor and Effective Fed Funds Rate gives us a clue...
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The PSEi’s January Mirage: GDP Slumps as Liquidity, Curve Control, and Index Engineering Mask the Stress
The reality is, if we tell the truth, we only have to tell the truth once. If you lie, you have to keep lying forever—Rabbi Wayne Dosick...
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Massive money printing and debt accumulation have gone on for something like 80 years, and the system has held together. Why should it end... -
GDP is the most common out-of-context stat used by governments to convince the citizenry that all is well. It is yet another stat that is... -
Governments resist austerity. Politicians buy votes with spending. But because they do not control their domestic currency systems in Euro...
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