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Commentary Topic from greenfaucet

Revenge of the Barbarous Relic

Marc Faber’s latest report written on November 1 was titled “Why Market Interventions by Governments worsen Economic and Financial Conditions!” I might have called it "Vengeance of the Barbarous Relic". John Maynard Keynes granted gold with this pejorative, giving license to governments to intervene, print, and distort to their heart's content. In the long run we are all dead...right? Wrong! The long run is now and the chickens are coming home to roost.