Kudlow: “The dollar is actually up 6% over the last fifty-two weeks, even while gold is up over 20% and the whole CRB basket of commodities futures is up 15%.”

So the dollar is up 6% compared to what? Other currencies? Meanwhile, everything you buy is getting more expensive. How is that indication that the dollar has being getting stronger? It sounds like the opposite.

Currencies have been getting weaker, more diluted. Goods have been getting more expensive relative to currencies.

The good news is that money has remained constant relative to goods. Why don’t we just use money?

History repeats itself, it has to, no-one listens
-Steven Turner

The fed lowered interest rates to near zero.
This encouraged banks to make risky loans.
The loans got sold.
The loan buyers packaged the loans into derivatives.
The derivatives got sold.
Big banks and brokers bought the derivatives.
The fed raised interest rates for years.
People began to default on mortgages.
The leveraged derivatives began to collapse.
Banks now held toxic assets.
Banks could not loan money.
Businesses could not borrow.
The economy ground to a halt.
Banks said they needed to pay down “toxic assets.”
Congress gave them your money.
Banks paid bonuses and consolidated.
No “toxic assets” paid.
The fed lowered interest rates.

In the programming world, we call this an iterative statement. It can be a for-loop (for this many of times, do this action) or a while-loop (while this statement is true, do this action).

A never-ending iterative statement is considered a bug. It leaves the application thread in a repeating loop and compromises resources indefinitely. More importantly, a “never-ending loop” is always considered a bug because it is not conducive to a software experience that properly mimics reality–which is what all software ultimately aims for.

All loops that dwell in the realm of reality must end.

This is true of the Western world’s current expansion-monetization loop–and all such loops that preceded it.