Einstein’s definition of insanity is well known – “Insanity is doing the same thing over and over and expecting different results.” This however hasn’t discouraged some economists and central banks from arguing that all MMT (magic money theory) needs is just one more splurge of funny money to make it all come right. And as […]
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Hang on, according to the ‘experts’, this wasn’t supposed to happen! Having been fed a diet of gloom by everyone from Hedgies (Bridgewater), Academics/Economists (Dartmouth/MITI/Krugman), Banks (Citi) and wealthy investors (Mark Cuban – see end for links) should Trump get elected, markets have done what they do best and confound the experts, with US equity […]
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There is something rather ironic about Central Banks using deflation as an excuse to print cash which is then used to buy gold shares, which are of course a leveraged play on rising gold prices which in turn are a reflection of the lack of confidence in central bank monetary policies. For the Swiss CB […]
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