No one is saying here to pick a battle with the Fed or to go lynching Bernanke and his cronies. But if you know and understand why the Fed's...
Someone who doesn't know the difference b/w a BANKING and a FISCAL crisis is defending the Fed. I rest my case.
You guys should also check www.mises.org they have the best academic explanation why the federal reserve should be shut down right now. Otherwise...
As the article points out, the "free banking era" was not exactly a "free banking" system because there were all sorts of dumb regulations.
Hong Kong's monetary authority is not exactly a central bank. It's more like a currency board....
The fact that most countries have a central bank does not mean it's the best system. Just 300 years ago democracy was a rarity, most countries...
Panama Hong Kong Both are countries with ZERO banking crises since inception.
Incorporating an incubator offshore hedge fund will set you back about $5000 for setup and about $2000 per year running costs. You can figure out...
Jack may not want to be yelled at by Jill for drawdowns or for entering into gutsy contrarian trades. Both of them upsets most non-traders. Or,...
Gold 1257-2010 log scale Data Source:Global Financial Data It is clearly on a fifth wave, but fifth waves sometimes extend, so it can go easily...
Bunch of morons, they complain their government and the banks steal their money, but why do they elect the socialists and corporatists again and...
Latency depends also on internet provider and location. I think latency London-NY of 100 and London-Chicago of 120 ms is pretty much commonplace,...
The biggest threat to wealth preservation in the US is socialism: Why? i) Monetary socialists, inflationists, central bank fetichists they will...
Exactly, only in America are leftists called liberals. They should call themselves just leftists or socialists. SO in America true liberals in...
Stiglitz: Obama doesn't need another "deficits are good" government spending fetichist. His current minions are doing a great job bankrupting the...
They should fund the Tea Party instead.
29% is huge considering mainstream media is basically against it, no other grassroots movement has grown so quickly. Give it another year, and...
Marx is alive and well, don't let the bureaucrats, war and banking oligarchs tell you otherwise. In 1848 Marx and Engels proposed that...
Agree, sticking with boutique shops here. All great fund managers started small. Virtually none of them started as bankers.
So many advanced degrees,so much computer power, and yet, so much disdain (even ignorance) for hard theory and statistical tests which pointed...
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