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APR 22, 2016 - Zero Hedge

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Gundlach Predicts "Trump Will Win", Says "The Federal Reserve Has Basically Given Up"

In an interview posted on Swiss Finanz und Wirthschaft, Jeff Gundlach unleashes his deep ir, and in traditional style, offloads on both the Fed and all central banks, sayng that "negative interest rates are the dumbest idea ever", adding that the Fed has given up both trying to normalize interest rates as well as trying to actually stimulate the economy: ...

Tags: Gundlach Predicts "Trump Will Win", Says "The Federal Reserve Has Basically Given Up",  Trillion Dollar Coin Latest News

APR 17, 2016 - Zero Hedge

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Bundesbank Defies Elites: Warns That "Plans To Abolish, Criminalize Cash Out Of Line With Freedom"

With everyone from ivory tower academics to sin-street hookers proclaiming the need for and benefits of a "war on cash" to save the world from criminals and tax-evaders (oh yeah and to stop NIRP-driven savers from hording cash and crushing central planners' dreams), it is perhaps shocking that Bundesbank board member Carl-Ludwig Thiele warned at an event this week that ...

Tags: Bundesbank Defies Elites: Warns That "Plans To Abolish, Criminalize Cash Out Of Line With Freedom",  Trillion Dollar Coin Latest News

APR 17, 2016 - Zero Hedge

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Jim Grant: "Make America Solvent Again"

Submitted by Jim Grant via Time.com, $13,903,107,629,266. Can the nation afford this much debt? This much I have learned about debt after 40 years of writing and study: It is better not to incur it. Once it is incurred, it is better to pay it off. America, we have a problem. We owe more than we can easily repay. We ...

Tags: Jim Grant: "Make America Solvent Again",  Trillion Dollar Coin Latest News

APR 14, 2016 - Business Insider

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Time magazine tells its readers each US citizen owes $42,998.12 — which is both true and not true

Time magazine's latest cover story informs readers that the amount of US national debt outstanding means every citizen owes $42.998.12.  This is technically true.  But also, not really.  Time's latest cover story, written by esteemed newsletter writer and economic commentator Jim Grant — who publishes Grant's Interest Rate Observer — argues that the US has an unsustainable national debt that must be confronted, ...

Tags: Time magazine tells its readers each US citizen owes $42,998.12 — which is both true and not true,  Trillion Dollar Coin Latest News

APR 14, 2016 - Business Insider

A Must Read - Share

Time magazine tells its readers each US citizen owes $42,998.12 — which is both true and not

Time magazine's latest cover story informs readers that the amount of US national debt outstanding means every citizen owes $42.998.12.  This is technically true.  But also, not really.  Time's latest cover story, written by esteemed newsletter writer and economic commentator Jim Grant — who publishes Grant's Interest Rate Observer — argues that the US has an unsustainable national debt that must be confronted. ...

Tags: Time magazine tells its readers each US citizen owes $42,998.12 — which is both true and not,  Trillion Dollar Coin Latest News