Deflation is your enemy now

In today’s issue: How can you have a financial crisis when the central bank will print money? What central bankers will get wrong this time…

Debasement of the golden rule leads to geopolitical chaos

Western philosophy has changed radically. “Do unto others as you would have them do unto you,” became “do unto others before they can do unto you.”

Truths, half-truths, and outright lies

48 hours was the deadline to open the Strait of Hormuz. Then, just one hour before markets opened Monday, President Donald Trump said deals were getting done, negotiations were taking place, and there would be a five-day pause on strikes…