That's one of those bullshit cliches that is totally meaningless. Early is not always the same thing as wrong, it just depends on your timeframe...
On the metric that they are running out of domestic savings to fund their debt issuance. As Japan increasingly needs to go to the foreign credit...
Because that's what happens in a deflationary environment, the currency appreciates. Until the deflation has run its course, at which point the...
The problem is, there is NO shot at fiscal responsibility with what he's proposing, and he doesn't even realize it. And the reason is that he...
BINGO. Krugman proves over and over again that a little knowledge is dangerous (and also that they'll give out Nobel prizes to just about anyone...
Indeed. However, looking at it's "supposed" holdings, the GLD fund now supposedly holds almost 1300 tons of physical gold bullion, meaning they...
Right, but have they ever actually been audited?
Gold is most certainly not fiat. Fiat means to be created by decree. Gold cannot be created or conjured out of thin air, like paper currencies...
The reason is that gold cannot completely replace a currency for the purposes of conducting daily commerce in a large economy. Gold is a hedge to...
Actually, that's all the meaning you need. That's precisely the point of gold. To preserve purchasing power during times of severe currency...
Well, depending on how mild the inflation is, it could be something like that. In a mild or controlled inflationary period that coincides with...
Exactly. And the reverse is true during periods of deflation, where borrowers are punished, which I believe we will see over the next couple...
Yes, but it depends on what you're investing in, and whether the rate of return on whatever investment you choose is greater than the rate of...
Sort of, although it's not that simple. When one talks about inflation being a hidden tax, it is in reference to savers, creditors and investors,...
I guess you see what you want to see then. Facts are stubborn things, they don't need you to believe them for them to be true. The facts are...
Yep, it's amazing. Never in a million years after what we went through after 2000 and then the collapse in 2008 did I think that just a year...
This is true, to the extent that the IRS simply doesn't have the resources to go after citizens abroad, just like they don't have the resources to...
There is so much fail in this post I don't even know where to begin, so I won't.
Not really. All the activity is still stimulus and Fed induced, it just took a long time for the full force of it to show up in economic...
Depends on the country, every one has different regulations and procedures. There are some countries that will literally let you buy citizenship....
Separate names with a comma.