, GOLD SILVER LIBERTY: Jim Grant: Cycles Begin and End In Excess

Wednesday, August 21, 2019

Jim Grant: Cycles Begin and End In Excess


Gold now pays better interest at 0 than $13 trillion in negative paying bonds! 

Socialized Risk: Big boys get winnings & tax payer takes all losses. 

Bagehot: Central Banks should lend at very high interest rates & only with collateral.