Herland Report: A popular meme in the Panic of 2020 asks, if gold is such a bellwether, why has its price not greatly increased? …and indeed, gone down. The reason why is at the heart of why Modern Monetary Theory — now forcibly embraced — is doomed to fail. But first, a few ground rules. If the government of Venezuela …
Read More »The Secret world of Gold and why Modern Monetary Theory is doomed to fail
