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Archive

May 15, 2020, Vol. 38, No. 10

Zero times zero equals $5.9 trillion

The overlay of zero percent interest rates on zero-cost stock speculation is the new force on Wall Street.

The oddest couple

A Harvard eminence and the 45th president of the United States share an interest-rate obsession.

Changing monetary places

An undervalued, underowned, inflation-resistant and coronus-immune asset—what might it be?

Left-hand spanner

Grant’s remains bearish on an American icon.

The price is wrong

The problem with price fixing is that even the right price becomes the wrong price as the world turns.

Read the footnotes

There’s more to the new inflation report than the soothing headline.

Credit Creation • Cause & Effect

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