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.
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.
Submitted by Martin Armstrong via ArmstrongEconomics.com,
This is what happens when politicians think they are smarter than the great unwashed whom they rule over.
While Obama was in Hiroshima in a historic trip as the first standing president of the only nation to have ever used a nuclear weapon during wartime, and warning about the dangers of nuclear power without offering an apology to Japan, Russian president Putin was in Greece seeking to resume where he left off one year ago, ahead of the turbulent Greece "referendum" and capital controls, following which the Greek people have turned increasingly against remaining in the Eurogroup, a shift Putin certainly hopes to capitalize on.
Tsipras commented on twitter:
As Our Past Wars Are Glorified This Memorial Day Weekend, Give Some Thought To Our Prospects Against The Russians And Chinese In World War III
Paul Craig Roberts