Quantitative easing is a tax. That's an odd thing to say about the Fed's bond-buying stimulus program. But the reality of QE is different than what most think.
GDP is an abstraction too far removed from reality. Yet people make real-world policy on this fantasy as well as a witch's brew of sister concoctions.
I’m writing to you today to slay this flawed energy returned on energy invested, (EROEI) concept. I have to say I used to be taken in by this argument...
The Federal Reserve Bank gets a lot of press. But Harry Dent has another idea about what investors should pay attention to... Babies.
The European banking system is in worse shape than it was in 2008. European banks hold 1.2 trillion euros worth of NPLs – that's double what they reported in 2008.
Bitcoin is an option of something you can hold instead of dollars. However Bitcoin isn't a threat to the US dollar as a currency — unless one thing happens...
Uranium prices fell like a piano tumbling down a flight of stairs, only recently crashing down to five-year lows and laying waste to uranium stocks.
First, there was barter. Then along came various forms of money. Gold and silver was then crowned the supreme money. And finally, credit (or debt) was born.
The posted returns of stock market indices show only a superficial triumph of optimism. Instead, most stocks are losers. I urge you to stay cautious.
Janet Yellen has got the same playbook in her pocket as Bernanke. If anything, there are hints she'll be even more aggressive in printing money.