WTF!? Why not?
Imbued by reserve printing, and the unassailable TRUTH, that inflation is always and everywhere a monetary phenomenon, the entire system, gold and the stock market, with the honourable exception of the credit market, is willing to ignore the deflationary reality much, much longer
Buoyed by the Disney-Dionysian ideal, that periodic reversals will almost certainly encourage more monetary accommodation, risk markets are now untethered from universal rules. CHAOS is coming…
Even with perfect hindsight of Weimar hyperinflation, The Gap in the Curtain, anyone?, buying stocks was not the answer. Equity indices reward ORDER not CHAOS. You're gonna have to think harder, you're gonna think out of the box. Who ya gonna call?
You want more?
