Another Keynesian Myth Destroyed
In this GoldSilver Weekly, David Morgan updates us on the silver market, Martin Armstrong introduces us to a new kind of bubble, James Turk explains the latest consequence of the end of the Cold War, and Rob Kirby says central banks are becoming even more secretive. Enjoy.
Regards,
Mike Maloney, Chairman
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Another Keynesian Fallacy |
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Ben Bernanke says that consumers are saving too much and this is what is holding the economy back. In this video, Mike sets the record straight and corrects another Keynesian myth on what really constitutes savings. Click Here to Watch the Video |
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“Given enough time, values always revert to the mean. But when something is severely out of whack, it will usually overshoot the mean before settling back in. The longer and further out of whack it is, the further it will usually overshoot.”
Mike Maloney, best selling author of the Guide to Investing in Gold & Silver |
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