You can see a nasty maneuver developing aboard the Hillary train that may end up being too clever by half. At least, we can hope. What we speak about here is the ill-disguised plan circulating among her policy inner circle to hand Janet Yellen a gold watch early so that she can be swapped out for the helicopter money duo of Larry Summers at the Fed and Lael Brainard at Treasury.
Jackass Economics: Larry Summers' Plan To Lift The Debt Albatross With Even More Debt
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David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself.
David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly.
This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life.