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Showing posts from February, 2021

The (Mis)Information Age

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  by Danno The type of person who reads this blog is well aware that the politicians are in the process of negotiating another new relief/stimulus package.  That'll turn out however it turns out.  But there's an interesting discussion happening in the world of Finance right now, which highlights what I think is one of the most serious problems the world is facing. Every time we go through one of these downturns where the Fed and Treasury step in to lower interest rates, print money, provide stimulus, etc., the Hyperinflationists come out of the woodwork.  This week it was Michael Burry, the doomsday-er former hedge fund manager who rose to notoriety with the release of "The Big Short" movie after the housing crisis. There are a few dozen recognizable names out there, relentlessly rambling on Twitter or NewsMax about the coming crash, just trying to grab clicks.  Some of these people literally release a new doomsday book every 3 years, pushing article after article, da