Good ol’ Charlie Munger. Last week, the 98-year-old gave his opinion on the biggest danger facing US democracy. Yahoo! Finance was on the case: ‘Citing examples from the Roman Republic to Adolf Hitler to Latin America, Munger said, “Inflation is a very serious subject, you could argue it is the way democracies die.” ‘He notes that it […]
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Revealed: Australia’s Next Recession Date
Dear Reader, 1) Talk about a slap across the cheek this morning! One of the most reliable recession indicators in history is the ‘tall building effect’. It’s the idea that record-high skyscrapers have a nasty habit of opening in recession. It’s not a new idea. But it’s an important one! And what do I see […]
This Is Bigger than Money…and Munger
In today’s Money Morning…truck you, Trudeau!…one step closer to authoritarianism…why bitcoin matters…and more…
The Equality Myth
The American Elite Establishment has launched three major initiatives so far this century. All were based on lies, mistakes, and corruption. All were failures. ‘Weapons of mass destruction’ led off. There were none. But the US squandered US$8 trillion and thousands of lives looking for them. Then came Ben Bernanke’s whopper: ‘If we don’t do […]
The ‘Old Money’ Still Doesn’t Get Why We Need Bitcoin
Earlier this week, Charlie Munger let loose on crypto once more when asked if he had ‘missed something’ by ignoring crypto markets.
Fools and Their Money
Is the Fed really as incompetent as it appears? Today, we take a look. The Fed’s inflation now vexes consumers…investors…and politicians. CNS: ‘The average price of a gallon of self-serve regular gasoline in Los Angeles County rose four-tenths of a cent Saturday to $4.754, a record high for the eighth time in the last nine […]
