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- Against Public Policy
- Unsurprisingly, the Vietnamese government has tried to bring all of that gold out of the underground economy. But as is generally the case, that’s easier said than done. http://bit.ly/2mFTYXC
- Deflationary spiral in a commodity based currency
- Detroit retailers are embracing Bitcoin.
- Silver Is Significantly Undervalued – A Terrific Buy (Video) @SchiffGold http://t.co/uEnTBjhOsm
- Hedonic adjustments for technological advances overstate the benefits to consumers, and allow the government to understate CPI increases. Just because a computer is twice as fast does not mean it delivers twice the value to consumers.
- Conventional wisdom tells us gold should be way down. Since gold doesn’t pay dividends or interest payments, investors typically shed non-yielding assets like gold. It isn’t. People are buying gold. http://bit.ly/2EIPDJB
- Share your economics-related audiobooks with the community using Audible's "Send this book" feature. Everyone can get one free book.
- Without QE4 Interest rates are headed much higher, which means stock prices are headed much lower. The sharp gains of the recent past have led stock market bulls to dismiss this decline as a healthy correction. It's far more likely this is the beginning of a bear market.
- The rich will get richer because return on investment
Wednesday, April 6, 2016
The government wants to check my cat
My father is a carer who looks after a 17 year old foster child. Unfortunately this is done through the UK government. A bureaucrat came round today for an annual inspection. She was asking as many questions as she could and writing it all down. She then told us that our cat will need to be checked! (health & safety) The age of consent in the UK 16, but she said the 17 year old is not allowed to have his girlfriend stay over. However ordinary friends can with our consent. Quite discriminatory and contradictory if you ask me. Next week she will be assessing every single room in my home. I hate this shit lol, I need to move out!