Yes, they are connected. Dollars are created as debt. More dollars in circulation = more debt. More debt means consumption is “pulled forward” from the future so consumption can occur now. This usually ends badly. Commercial banks and central banks have created...
Death: It comes to all of us, including empires, paper currencies and countries. Debt: The world is drowning in debt – $150 to $200 trillion. The U.S. government is sinking into a black hole of debt – $20 trillion official and another $100 – $200 trillion in unfunded...
Yes, indeed, you read that correctly: gold is trading at all-time highs. Maybe not (yet) in U.S. dollar terms, or in Euros, but certainly in many other currencies. For many currencies, especially in weaker countries, gold has exploded to all-time highs in 2015 and...