Bernanke’s Japan Visit Unveils “Helicopter Money”, Sparks Monster Rally

Loaded up and on the way.

“Dolla dolla bill ya’ll…”

Or is it yen yen ya’ll?

No matter, the helicopters are in the air over Tokyo and currency is about to fall from the sky.

Watch military spending in Japan ramp up. This ought to work. We promise. This time. It’s gonna happen.

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Dow, S&P 500 shake off Brexit, log best week of 2016

They didn’t “shake off” Brexit. The markets, to almost everyone’s surprise – including Brexiteers – celebrated the UK’s independence.

There is a sense that the lock down the establishment banks and governments have had on things for years and years has broken down. Markets are taking in the oxygen. It’s real air too, not central bank created life gas.

Markets go up and down (at least they used to) and any future dip will probably be blamed on Brexit by some.

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A Desperate China Begged Fed For “Plunge Protection Playbook” As Its Market Crashed

Back when the market was a market.

We are in the midst of a giant, and unprecedented experiment in monetary policy. Central banks around the world have inflated asset prices in an effort to create a “wealth effect.” What they have created is a situation where those with assets, the rich, have done extremely well while the non-asseted have had to watch while life has gotten harder.

This asset inflation is not sound however and the “wealth” it has created is illusory.

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The Question Bernie Supporters Won’t Answer (VIDEO from Tom Woods)

For a pro-free enterprise site we are pretty nice to Bernie Sanders. We respect the dogfight he’s in right now and he’s an interesting guy. But…Well, we’ll let Tom address some of the issues.

If you comment on this one please watch the entire video.

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Citibank: World economy trapped in ‘death spiral’

The universe has patterns. Either go with the flow or pay later. Looks like we are “paying later.”

A serious recession would be terribly trying particularly in light of the geopolitical jockeying going on right now. Acute financial pressure, and it is already acute in some parts of the world, makes for instability. Leaders do stupid things when countries are in economic pain.

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European banks near ‘terrifying’ crisis: Raoul Pal (VIDEO)

Sure, “European banks.” All banks.

People in America are just plugging along seemingly oblivious to the storm which continues to gather strength overseas and in some cases is already buffeting the United States. It is foolhardy. We have just gotten used to the new post-2008 lower standards of living in this country and we want to think that the global depression which started in 2007-2008 is all over. It’s not.

Will the world go to hell in a hand basket tomorrow?

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George Soros Sees Crisis in Global Markets That Echoes 2008

I’m not a big fan of Mr. Soros generally but he is a guy one should pay attention to on international financial matters. It’s no small thing when he says we might be looking at another 2008-like crisis. Though Soros has made big mistakes in the past.

Regardless of what Mr. Soros says, from looking at the headlines the man made storm, the central bank created storm, appears to be picking up steam. Today should be an interesting one in the markets for sure.

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Former Fed President admits, The Federal Reserve “front loaded” markets, current market overpriced , “Fed has no ammunition left”, (VIDEO)

He basically said, We screwed up and the current stock market levels are baloney.

No big deal. It’s only the Fed. It’s only the WORLD economy which has been inflated and which you are now warning us must deflate to correct for the Fed’s mistakes. I mean it’s not like 2008 was created by the Fed or anything. So “watch out below” is the message huh? Thanks for the heads up.

It is interesting that Fisher makes reference to the junk bond problems of a few weeks ago.

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The Big Short, the Fed, and the Market

If you want to know what happened in 2008, I mean really want to know, read this excellent (and short) book.

I haven’t seen the movie yet but I might over the weekend. One of the reasons I haven’t seen it yet is because I have heard that it pounds on the same old (false) reasons for the 2008 Crash, that being that somehow the market “failed.” That “greed” was the culprit, etc. etc. It’s what most people believe.

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