“I have to believe that the Fed injected a large amount of liquidity into the financial system on Sunday evening. The 1.08% jump in the S&P 500, given the fundamental backdrop of economic, finan…”
Source: “Things Have Been Going Up For Too Long”
Archive for September 13th, 2017
Let’s Make America Free Again: 230 Years After the Constitution, We’re Walking a Dangerous Road
13
Sep
“Here is what it means to live under the Constitution today.”
Bill Blain: “This Is What Terrifies Draghi And Other Central Bankers”
13
Sep
“In short… it looks like full employment, rising inflation and signs of growth are going to force normalization, at which point the bond music stops and we all realise financial assets have been dancing naked in the Emperor’s New Clothes lap-dancing bar as the proverbial tide goes out! That’s a prospect that must terrify Draghi and other central bankers.”
Source: Bill Blain: “This Is What Terrifies Draghi And Other Central Bankers”
Why Is the Euro Still Gaining Against the Dollar?
13
Sep
“The primary purposes of the incorrectly named “unconventional monetary policies” are to debase the currency, stoke inflation, and make exports more competitive. Printing money aims to solve structural imbalances by making currencies weaker.”
Source: Why Is the Euro Still Gaining Against the Dollar?
Price Gouging and Property Rights – LewRockwell
13
Sep
“Price-gouging law has reared its ugly head in the wake of the flooding in Texas. This has totally overshadowed the alleged price gouging that occurred during the eclipse. The price of solar eclipse safety glasses was as low in the months before the eclipse, but rose to as much as $150 for the identical product on the day of the eclipse. And it turns out that prices for these glasses were higher along the direct path of the eclipse. Naturally, some eclipse glasses vendors were accused of price gouging because they demanded unreasonably high payments by exploiting unusual market conditions. …”
Source: Price Gouging and Property Rights – LewRockwell