The Threat of Splitting Canada Rising to DEFCON 3
COMMENT: Martin, Had to laugh here’s a comment about Janice Stein and Mark Carney. As my father in law always said, “in the valley of the blind the one eyed man [...]
Modern Monetary Theory & Why Central Banks are lost in the Wilderness without a Map
QUESTION: Dear Martin,
Would you like to enlighten me on your stance on the Modern Market Theory that is being touted by some in finance and politics please?
VV
ANSWER: The basis upon which MMT has emerged is actually logical for those who lack the understanding of how to conduct research. Since QE has lasted in Europe for 10 years+ without success in creating inflation, they take this as proof that the government can just print without concern of inflation. Money has value only because it is legal tender. I have written about this subject before – MMT.
I will address this in a detailed report because all economic models have now failed. This is part of the Great Unknown we have entered in Economic Theory. Central Banks are without a map and are now lost in the wilderness.
Latest Posts
DAVOS & Left are not known for their Intelligence
COMMENT: Nigel Farage said that your WEC events were the “alternative to Davos,” but you also don’t gouge people as Schwab does. He charges between 500,000 and 700,000 CHF to [...]
Coup at the World Economic Forum
World Economic Forum founder Klaus Schwab is under an internal investigation by the organization he created. There is no question that it has been alleged that the WEF got money [...]
Soros, Neocons, USAID & Destabilizing India & World
George Soros remains a major political threat in many countries as his Open Society Foundations operates in many countries, trying to destabilize governments with which he disagrees. In India, I [...]
