Source: Meanwhile, Rioting Breaks Out In Sweden
Archive for February 20th, 2017
Sabbatical Day 35
Finished reading Fleckenstein’s Greenspan’s Bubbles. The Maestro’s analysis of the economy during his 19 years as head of the Federal Reserve was one embarrassing episode after another. In addition, he admitted the economy’s future was uncertain but the Fed would manipulate interest rates as if they knew how the economy was going to perform,
Read additional Greenspan congressional testimony from the 1990s. I should read it at night because they are real snoozers.
Nestle Joins Thousands Of Companies Leaving California Over Anti-Capitalist Lawmakers and Activists
Will an exodus hollow out California?
Source: Nestle Joins Thousands Of Companies Leaving California Over Anti-Capitalist Lawmakers and Activists
Alan Greenspan: Ron Paul Was Right About The Gold Standard
“When I was Chair of the Federal Reserve I used to testify before US Congressman Ron Paul… we had some interesting discussions… We would never have reached this position of extreme indebtedness were we on the gold standard, because the gold standard is a way of ensuring that fiscal policy never gets out of line.”
Source: Alan Greenspan: Ron Paul Was Right About The Gold Standard
Is 50% of Western Central Bank Gold gone? | Matterhorn – GoldSwitzerland
“Is 50% of Western Central Bank Gold gone? By Egon von Greyerz We have recently had some significant news about the sovereign gold market that makes the unclarity even more unclear. Central banks an…”
Source: Is 50% of Western Central Bank Gold gone? | Matterhorn – GoldSwitzerland