Back to Bizarr-o Land: We’re Now Seeing Negative Interest Rates Again
Now that Jerome Powell’s brief foray into interest rate normalization has been abandoned like last week’s trash, the hope of rational central bank policy and a return to the days of Paul Volcker and fiscal discipline are, sadly, dead and gone. Sure, we can dream, but...
Venezuela Tried Banning Guns. Here’s How That Turned Out
It’s been six years since former socialist dictator Hugo Chavez banned Venezuela’s citizens (though not his military regime, of course) from owning or carrying guns. Originally sold to the public as a war against violence, the net effect has been a war against an...
How Trump Was Predicted Long Ago
Few, if any non-politically motivated commentators predicted Donald Trump and his dramatic rise to the presidency. However, some people accurately forecasted Barack Obama’s reelection efforts in 2012. New York Times bestselling author Harry S. Dent, Jr. was one of...
Blockchain Before Negative Interest Rates?
Blockchain Before Negative Interest Rates? A few months ago, it was disclosed that Morgan Creek was getting serious about the blockchain space. Mark Yusko, CIO of Morgan Creek, let it be known that parent company Morgan Creek Digital would launch a Digital Asset...