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See No Evil, Speak No Evil…

SEE NO EVIL, SPEAK NO EVIL…  The Jackson Hole speeches of Janet Yellen and Mario Draghi last week were notable for the omission of any comment about the burning issues of the day: …where do the Fed and the ECB respectively think America and the Eurozone are in the central bank induced credit cycle, and […]

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Central Bankers’ Shifting Goalposts

Central Bankers’ Shifting Goalposts BRUSSELS – The theme of this year’s meeting of the world’s central bankers in Jackson Hole, Wyoming, had little to do with monetary policy. “Fostering a Dynamic Global Economy” is, of course, an important topic. But it is telling that the European Central Bank chose, for its own annual gathering, a […]

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Jackson Hole and the Appalachians

Jackson Hole and the Appalachians Henri Cartier-Bresson Trafalgar Square on the Day of the Coronation of George VI 1937  The Jackson Hole gathering of central bankers and other economics big shots is on again. They all still like themselves very much. Apart from a pesky inflation problem that none of them can get a grip […]

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How Capitalist Central Banks Have Been Creating the Next Financial Crisis

How Capitalist Central Banks Have Been Creating the Next Financial Crisis As central bankers, finance ministers, and government policy makers head off to their annual gathering at Jackson Hole, Wyoming, this August, 24-26, 2017, the key topic is whether the leading central banks in North America and Europe will continue to raise interest rates this […]

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Gold Sector Correction – What Happens Next?

Gold Sector Correction – What Happens Next? The Long Awaited Correction is Underway The gathering of central planners at Jackson Hole was widely expected to bring some clarity regarding the Fed’s policy intentions. This is of course a ridiculous assumption, since these people have not the foggiest idea what they are doing or what they […]

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Jackson Hole: Cherry Flavored Cyanide, or Strawberry

Jackson Hole: Cherry Flavored Cyanide, or Strawberry The Federal Reserve puts on a conference in the idyllic location of Jackson Hole, Wyoming. Of course it’s all about how best to centrally plan our little lives for us, and who is to be sacrificed to whom. The American Principles Project and the Atlas Network Sound Money […]

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Jackson Hole – Meeting of the Physics Envy Brigade

Jackson Hole – Meeting of the Physics Envy Brigade Planners Meet to Discuss the Impossible The Jackson Hole pow-wow takes place this weekend. A more revolting get-together of actual and armchair central planners (i.e., the advisors to the planners, many of whom see themselves as planners-in-waiting) could hardly be imagined. One has to wonder how […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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