The Bitcoin Mania – by Lewis Spellman PhD
In this highly engaging article, Dr. Spellman provides interesting historical context for Bitcoin, a mania he likens to the Tulip Bulb craze in the 1600s. To read his article, click below.
The Zero-Forever Bond – The Trick To Make Debt Disappear
That the developed world governments are accumulating debt shouldn’t be news to anyone. To give you an idea of the proportions involved, during the Obama Administration U.S. government debt has risen from approximately $8 trillion to nearly $20 trillion. To learn the trick to make that debt disappear read below.
European Central Bank To Begin Buying Corporate Bonds
In a bold new move to stimulate the European economy and stave off deflation, the European Central Bank (ECB) has announced that it will begin buying corporate bonds and carrying them on the bank’s balance sheet as an asset. “Even our Federal Reserve didn’t go that far!” commented Dr. Lewis Spellman, Executive Vice-President & Macro-Economist for…