Helicopter Money and the End of Taxes
Rather than right the ship, the “easy fix” is to distribute “free money”–not just to billionaires and corporations but to everyone. The system of collecting taxes and distributing the dough is a zero-sum game: each dollar of tax revenue...
The Fed’s Slippery Slope
We can all be very confident that there will be no change to monetary policy for a very, very long time. But there is a fiscal cliff coming—and indeed has already begun. It is clear that Mr. Powell is all-in on his unlimited QE and ZIRP. And, that he is...
Helicopter Money On The Way!!!! Legislation Proposes Paying Americans $2,000 a Month
Even as millions of Americans wait for stimulus checks, a proposal is being floated to pay them even more. The bill, known as the Emergency Money for the People Act, would issue monthly payments of $2,000 to individuals and families for six months, or until the U.S....
Ray Dalio Still Thinks ‘Cash Is Trash’… Why??? (RTD Live Talk w/ Mike)
Ray Dalio thinks there are better assets to hold than cash as central banks print money and keep interest rates low in response to the coronavirus pandemic. “Please remember that while it doesn’t move around in value as much as other assets, there is a costly negative...
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