Tuesday, June 27, 2017

I look forward to not seeing one

Yellen: "I Don't Believe We Will See Another Crisis In Our Lifetime"

Just a bit of regime change.

We will have the change, guv will do a bit of defaulting, and we will deal on entitlements.  My optimism is based on the inherent intelligence of pure, auto-traded cash.  The path forged with alternative currencies. We can do this and keep dollar inflation below 5%. We do this better than Nixon shock, better than Roosevelt gold repudiation. Central banking lives on, in semi-automated form.

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