Why It’s Going To Be A Whole Lot Worse Than In The 1930s

As Mike Maloney forecast in the mid-2000s, the roller-coaster ride continues in world markets and economies. His – so far – spot on projection that “first the threat of deflation (1), followed by a helicopter drop (2), followed by big reflation (3), fo… [...]

Taking Stock Of The 21st Century: What’s Fundamentally Different

Submitted by Charles Hugh-Smith of OfTwoMinds blog, The constant dismissal of unprecedented extremes as "same as it ever was" is actually a pernicious form of perception management, i.e. propaganda. Anyone suggesting that things are unraveli… [...]

The Failure Of Abenomics In One Chart… When Even The Japanese Press Admits "Easing Is Not Working"

Since late 2012 Zero Hedge has been very critical of Japan’s Abenomics experiment, and its first and only real arrow: a massive increase in the monetary base thanks to the BOJ’s shock and awe QE announced in April, resulting in the collapse of the Yen … [...]

Guest Post: How About Ending Social Security And Paying Retirees With Cash?

Submitted by Charles Hugh-Smith of OfTwoMinds blog, Would printing the cash to fund pensions for low-income retirees trigger inflation? It's more of an open question than we might imagine at first glance. Correspondent D.L.J. recently suggested a… [...]

Market Awaits Coronation Of The QEeen

Japan growth cut in half, Europe growth cut by more than half, but none of that matters: today it will be all about the coronation of QEeen Yellen, who testifies before the Senate Banking Committee at 10am. Not even Japanese finance minister Aso’s retu… [...]

"Frustrated" Liquidity Addicts Demand Moar From BOJ As Nikkei Rally Stalls, Abenomics Founders And "Hope Fades"

While the only topic of discussion for “sophisticated” investors everywhere is when (and if) the Fed will ever dare to reduce its monthly flow injection into US markets from $85 billion to a paltry $75 billion, everyone has forgotten that across the Pa… [...]

Ranking Bernanke

Submitted by Chris Turner via dshort.com Advisor Perspectives, With Ben Bernanke's tenure closing, many financial TV pundits delight in touting the stellar performance of Ben Bernanke as Federal Reserve Chairman with just a couple months left in hi… [...]

Guest Post: The Big Lie: Lunch (and Debt) Are Free

Submitted by Charles Hugh-Smith of OfTwoMinds blog, Actions create consequences, and not necessarily the consequences that were planned or expected. A central tenet of propaganda is that the Big Lie repeated often enough is accepted with greater ease t… [...]

Guest Post: The Big Lie: Lunch (and Debt) Are Free

Submitted by Charles Hugh-Smith of OfTwoMinds blog, Actions create consequences, and not necessarily the consequences that were planned or expected. A central tenet of propaganda is that the Big Lie repeated often enough is accepted with greater ease t… [...]

Larry Kotlikoff Asks "Is Hyperinflation Around The Corner?

Authored by Lawrence Kotlikoff, via Yahoo Exchange blog, In his parting act, Federal Reserve Chairman Ben Bernanke has decided to continue printing some $85 billion per month (6% of GDP per year) and spend those dollars on government bonds and, in the … [...]