Author: Acting Man

Yanking the Bank of Japan’s Chain

Yanking the Bank of Japan’s Chain Author MN Gordon – Acting-Man Mathematical Certainties Based on the simple reflection that arithmetic is more than just an abstraction, we offer a modest observation.  The social safety nets of industrialized economies, including the United...

Views From the Top of the Skyscraper Index

Views From the Top of the Skyscraper Index Author MN Gordon – Acting-Man Views From the Top of the Skyscraper Index On a warm Friday Los Angeles morning in spring of 2016, we found ourselves standing at the busy corner of Wilshire...

Against Irredeemable Paper – Precious Metals Supply and Demand

Against Irredeemable Paper – Precious Metals Supply and Demand Author Bron Suchecki – Acting-Man The Antidote Something needs to be said. We are against the existence of irredeemable paper currency, central banking and central planning, cronyism, socialized losses and privatized gains, counterfeit credit, wealth...

No “Trump Bump” for the Economy

No “Trump Bump” for the Economy Author Bill Bonner – Acting-Man POITOU, FRANCE – “Nothing really changes.” Sitting next to us at breakfast, a companion was reading an article written by the No. 2 man in France, Édouard Philippe, in Le Monde. The headline...

The Golden Age Has Just Begun

The Golden Age Has Just Begun Author Dimitri Speck – Acting-Man Some Things Actually Go Up Before and During the Fall… In recent issues of Seasonal Insights I have discussed two asset classes that tend to suffer  performance problems in...

The Money Velocity Myth

The Money Velocity Myth Author Frank Shostak – Acting-Man Popular Imagery of Money on the Move For most financial commentators an important factor that either reinforces or weakens the effect of changes in the money supply on economic activity and prices is...

India: Cash is Back

India: Cash is Back Author Jayant Bhandari – Acting-Man But the Crisis has Deepened and has Become More Entrenched (Part XIV)   Nobody for President On 17th July 2017, India will elect a new President through a vote of the elected representatives....

Work is for Idiots

Work is for Idiots by MN Gordon – Acting-Man Disproportionate Rewards The International Monetary Fund reported an unpleasant outlook for the U.S. economy on Wednesday.  The IMF, as part of its annual review, believes the U.S. economic model isn’t working as well...

Dudley in a Good Place

Dudley in a Good Place by MN Gordon – Acting-Man Crashing Unemployment Dear Mr. Dudley, Your recent remarks in the wake of last week’s FOMC statement were notably unhelpful. In particular, your explanation that further rate hikes are needed to prevent crashing unemployment and...

Monetary Madness and Rabbit Consumption

Monetary Madness and Rabbit Consumption Author MN Gordon – Acting-Man Down the Rabbit Hole “The hurrier I go, the behinder I get,” is oft attributed to the White Rabbit from Lewis Carroll’s, Alice in Wonderland.  Where this axiom appears within the text...

Parabolic Coin

Parabolic Coin

Parabolic Coin Author Pater Tenebrarum – Acting-Man The Crypto-Bubble – A Speculator’s Dream in Cyberspace When writing an article about the recent move in bitcoin, one should probably not begin by preparing the chart images. Chances are one will have to do...