2. Dezember 2020 – von Ludwig von Mises Ludwig von Mises (1881-1973) Die breite Masse der Menschen hängt keiner eigenen Idee an, weder einer guten, noch einer schlechten. Stattdessen suchen sie sich unter den vielen von intellektuellen Vordenkern erdachten Ideologien eine aus. Ihre Wahl aber ist verbindlich und bestimmt den Gang der Dinge. Wenn die Masse schlechte Grundsätze bevorzugt, ist das Unheil nicht mehr abzuwenden. Die Sozialphilosophie der Aufklärung...
Read More »FX Daily, December 4: The Employment Report may not Give Greenback much of a Reprieve
Swiss Franc The Euro has fallen by 0.06% to 1.081 EUR/CHF and USD/CHF, December 4(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: After wobbling late yesterday on what appears to be old news from Pfizer about a disruption of the vaccine’s supply chain, equity markets have recovered, and risk appetites remain intact. With more than 1% gains in South Korea’s Kospi and Taiwan’s Taiex, the MSCI Asia Pacific...
Read More »Charles Hugh Smith on Parallels of the Great Fire of Rome 64 AD to Today
Charles Hugh Smith on Parallels of the Great Fire of Rome 64 AD to Today http://financialrepressionauthority.com/2020/12/03/the-roundtable-insight-charles-hugh-smith-on-parallels-of-the-great-fire-of-rome-64-ad-to-today/ Receive trading ideas weekly from Yra: https://cedarportfolio.com/yra-signup-form
Read More »There Have Actually Been Some Jobs Saved, Only In Place of Recovery
The ISM reported a small decline in its manufacturing PMI today. The index had moved up to 59.3 for the month of October 2020 in what had been its highest since September 2018. For November, the setback was nearly two points, bringing the headline down to an estimate of 57.5. At that level, it really wasn’t any different from where it had been at its multi-year high the month before. Neither are indicative of any sort of “V” shaped recovery, or any shaped recovery....
Read More »There is No Denying that Cash is Trash!
By Stephen Flood Governments are likely to continue printing money to pay their debts with devalued money. That’s the easiest and least controversial way to reduce the debt burdens and without raising taxes. Ray Dalio – Bridgewater Associates This is the only chart that matters in the world today. Consider the following: Gold can only be produced at a rate of 1.6% per annum. This is a relative constant. Gold has returned 8% per year in Euros and 9% in USD terms...
Read More »MacroVoices #248 Jeff Snider: QE Still Isn’t Money Printing, and USD Still Isn’t Crashing
MacroVoices Erik Townsend and Patrick Ceresna welcome Jeff Snider to the show to revisit his dollar-bullish Eurodollar thesis, and consider where the market could be headed from here, and whether or not this week’s move invalidates his prior views. 00:00:38 Pregame/Market Wrap 00:16:03 Feature Interview with Jeff Snider 01:10:30 Postgame - Currency Review Download Jeff's chartbook ??: https://bit.ly/3ojzq4s Download BigPicture Trading Postgame chartbook ??: https://bit.ly/3gjIrYJ ✅...
Read More »Ep3 – The Economic Impact of COVID: Stateless vs Stateful
The Gold Exchange Podcast with Keith Weiner “Seems like things are getting back to normal.” Not exactly. Folks with that view are not looking very closely. In this episode, Keith takes us on a journey through the forest…and the so-called economic recovery that’s currently in play. Using more than one analogy, he illustrates just how unrealistic the “nearly back to normal” expectation really is. And why. Additionally, we go down a rabbit hole...
Read More »You should invest every month not every quarter
I have recently read a recommendation to invest only once a quarter instead of more frequently. I think investing every quarter is bad advice and I want to explain why in this article. As I have a lot of data on my hands, I figured the best way to provide it would be to run simulations. And so I did! In this article, I will show you why you should invest every month and not less frequently than that. Investing Every Month Every month, as soon as I am done paying my...
Read More »Ep 1 – The Accidental Economist
The Gold Exchange Podcast with Keith Weiner How did a software dropout go on to become a successful entrepreneur…and eventually earn a PhD in economics? In this episode, Addison Quale leads CEO Keith Weiner back through his journey from software geek to economist. They discuss how Ayn Rand’s writings set the stage for understanding monetary economics, why the retirement savings advice given to Gen X will not deliver results, and the proposed solution to a failing monetary...
Read More »Why Commies Hate Your Thanksgiving Dinner
In 1923 Lenin released a propaganda pamphlet titled Down with the Private Kitchen. It explained how private dinners with one’s family are reactionary, bourgeois, and generally something requiring total destruction. Original Article: “Why Commies Hate Your Thanksgiving Dinner“. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. You Might Also Like What Germany...
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