At the lows tonight #DowJones futures were over 13% below their record high reached just 5 trading days ago. But nothing to worry about. This is just a normal healthy correction, its just much larger and happening much faster!
— Peter Schiff (@PeterSchiff) February 6, 2018
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- Why does it feel like many Austrians give a pass on money destruction?
- @RJChancey Times are not very good. That is exactly what Republicans were claiming just before the 2008 financial crisis. We are actually in worse shape now than we were then, and headed for an even greater economic crisis.
- Malinvestment and the Austrian Business Cycle, as explained by Yogi Berra
- High Black unemployment results more from bad legislation coming from Congress and the White House, than bad monetary policy from the #Fed!
- The Plenkton Effect: When increasing productivity is accompanied by decreasing affordability, due to regulation and efficiency changes.
- Solar-powered Bitcoin Mining farm
- A Misunderstanding of Labor and Value - Michael Bunch
- This Spanish Ghost Airport Sold for Less Than $11,000 - Bloomberg Business
- Buy Gold for What It Does; Not for Its Price http://bit.ly/1Uh9cZs @SchiffGold
- #Gold unlike #Bitcoin was a safe haven today. Gold rose, though slightly, but Bitcoin's price dropped by even more than the stock market. I expect gold prices to surge soon, while i expect Bitcoin prices to keep falling with the stock market.