It is the height of stupidity for economists and “experts” to alter the understanding of terms that are basic and fundamental. Our New Age Banksters and FAKE EXPERTS are more concerned with preserving their status and money than they are with doing what is helpful. The “expert class” has decided that redefining terminology should be…
The monster, Zirpenstein, has continued to grow. The headline that is the most significant and is the greatest fundamental (mentioned in “Technicals Inform the Fundamentals: QE4ever?”) is not mentioned by the financial pundits – WE ARE IN THE ERA OF THE CENTRAL BANK AS CENTRAL PLANNER! (read more in “Don’t Be So Pretendtious!”) Japan has…
Chicago’s pension system (for police and firefighters) is all-but-officially bankrupt, and Chicago’s property owners look like the most likely target for the city’s desperate attempts to save it. According to a report by Nuveen Investments, a state law passed in 2010 — but that kicks in next year — requires Chicago to massively increase its pension payments in…
One of the most pernicious effects of the Fed’s policies on American politics, especially over the past 25 years, has been what increasingly seems to be a homogenized set of policy choices. Identifying this homogenizing effect has been one of the themes of Mixed Market Artist. [youtube width=”560″ height=”315″]https://www.youtube.com/watch?v=vS-zEH8YmiM[/youtube] For example: Americans elected the “Not Bush”…
A great man, Father Kinoti, once explained that “often people rail against something because they sense its innate evil. They might not be able to articulate or fully discern what the slight is, but their heart informs them.” Central banker, Mario Draghi (i.e., the Master of the European Universe) got what was coming to him. In my…
