Gold Price Rallies Into Resistance, Fuelled by US Dollar Weakness
The price of gold turned sharply higher Wednesday, aided by a weaker US dollar, and the precious metal is now running into a cluster of resistance which may prove tricky…
Day: January 23, 2021
Galbraith Offers a Poor Defense of MMT
Modern Monetary Theory (MMT), which claims that a country issuing debt denominated in its own currency can finance a large amount of government spending by issuing debt or printing money…
The Smallest Bit of Empathy For The Swollen Herd
Why isn’t the inflation monster right upon us? Well, for one, central banks only pretend to do money.