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Four Lost Decades: The Bumbling Incompetence Of The Power Elite

Four Lost Decades: The Bumbling Incompetence Of The Power Elite

Authored by Bill Bonner of Bonner & Partners (annotated by Acting-Man's Pater Tenebrarum),

Geniuses in Charge

Is there any smarter group of homo sapiens on the planet? Or in all of history? We’re talking about Fed economists, of course.

Not only did they avoid another Great Depression by bold absurdity…giving the economy more of the one thing of which it clearly had too much – debt. They also carefully monitored the economy’s progress so as to avoid any backsliding into normalcy.

 

The Task Confronting Libertarians

Authored by Henry Hazlitt via The Mises Institute,

From time to time over the last thirty years, after I have talked or written about some new restriction on human liberty in the economic field, some new attack on private enterprise, I have been asked in person or received a letter asking, "What can I do" — to fight the inflationist or socialist trend? Other writers or lecturers, I find, are often asked the same question. 

#ChickenTrump: Donald Trump Backs Down From Sanders Debate

Twitter is pounding Donald Trump with the hashtag #ChickenTrump after the Republican presidential nominee refused to face Bernie Sanders in a debate. Sputnik reports: The plan for the debate began on Wednesday evening, when Trump appeared on the Jimmy Kimmel Live! TV show. During the interview, Kimmel read a note from the Sanders campaign inviting Trump him to a debate in California. “That could happen, I’ve been saying that should happen anyway,” Trump said.

Why TRUMP is good for USD and FX

Why TRUMP is good for USD and FX

Donald Trump is good for the markets, and good for the US Dollar.  Donald Trump - is net positive for FX.  The reason why, is very simple.  Readers of Splitting Pennies would have come to this conclusion on their own.  Love or hate Trump, he's not a politician.  Some say, he's worse than a politician.  But he's not a career politician.  The Dud-Fag act (The Dodd–Frank Wall Street Reform and Consumer Protection Act (Pub.L. 111–203, H.R. 4173; commonly referred to as Dud-Fag) put a choke hold on the budding FX market in USA.

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