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Olduvai III: Catacylsm
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The Mechanics of Absurdity

The Mechanics of Absurdity Over the past few decades, the central banks, including the Federal Reserve (Fed), have relied increasingly on interest rates to help modify economic growth. Interest rate management is their tool of choice because it can be effective and because central banks regulate the supply of money, which directly effects the cost to borrow […]

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Peak Hubris

Peak Hubris In the past month, two well-known and highly respected money managers have made confident assertions about the markets. Their comments would lead one to believe that the future path of the market in the coming months is known. Sadly, many investors put blind faith in the words of high-profile, accomplished professionals and do […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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