There is No Exit From ZIRP For The Fed!

[The following post is from TDV’s Senior Analyst, Ed Bugos] The cat is out of the bag. CNBC asks, “Fed-in-a-box: Will there ever be a good time?” With the economy slowing around the world Goldman Sachs has toned down its bullish rhetoric on the stock bull, holding out hope, however so objectively, that “Flat is…

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FOMC Rationalizations Spark Dollar And Stock Market Drop

[The following is from The Dollar Vigilante’s Senior Analyst, Ed Bugos] “In our time, political speech and writing are largely the defence of the indefensible. Things like the continuance of British rule in India, the Russian purges and deportations, the dropping of the atom bombs on Japan, can indeed be defended, but only by arguments…

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Price-Fixing at the Fed: Global Implosion Is Served?

[The following is from The Dollar Vigilante’s Senior Analyst, Ed Bugos] Here at TDV, we’ve covered Shemitah and the Shemitah end-day extensively. Without rehashing past analysis, we can certainly speculate that Thursday’s Federal Reserve decision could have an explosive impact on markets worldwide. Call it a Shemitah Trend. You can see a White Paper, videos…

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To Greece: Repudiate Your Government Debt

[The following is from The Dollar Vigilante’s Senior Analyst, Ed Bugos] I heard someone say that the EU can’t let Greece off the hook for its debt, for if it did then, God forbid, they’d have to let EVERYONE off the hook.  Yet, on the other hand, out of the very same mouth, I heard it wasn’t…

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Shaking The Shackles Of Collectivism: The Birth of Modernity

[The following post is by TDV Senior Analyst, Ed Bugos]

Individualism is the ethic that, in the west, laid the foundation for massive industrialized societies to emerge from the economic principle of the division of labor… for the abandonment of slavery… and, ultimately, which raised so many people out of poverty.

Under the ancien regime – before the doctrine of individualism and of individual rights in the natural sense came about – the individual never had rights.  One may have been part of a family or tribe, where maybe the head had rights in some sense as the citizen of a state.

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