Our "Gaslight" Financial System
Submitted by Charles Hugh-Smith via OfTwoMinds blog,
Perhaps the ultimate gaslighting in human history is our current fiat money creation system that benefits the few at the expense of the many.
Submitted by Charles Hugh-Smith via OfTwoMinds blog,
Perhaps the ultimate gaslighting in human history is our current fiat money creation system that benefits the few at the expense of the many.
There’s a lot to be worried about going into 2017 both in terms of financial markets and in terms of geopolitical concerns.
Submitted by Mac Slavo via SHTFPlan.com,
A Republican member of the Electoral College, Christopher Suprun, has published an op-ed in the NYT explaining on Monday explaining why he will not be casting his vote for Donald Trump.
“The election of the next president is not yet a done deal,” Texas elector Suprun writes the New York Times article. “Electors of conscience can still do the right thing for the good of the country. Presidential electors have the legal right and a constitutional duty to vote their conscience.”
As BofA's rates strategist Ralf Preusser writes in a note this morning, "not even a month since the US election and markets seem unrecognizable" adding that the Trump election represented a paradigm shift. Fiscal easing would take over from monetary easing and would allow for the dollar and rates to rise in unison, a trend not seen for a while.