Is a Central Bank Digital Currency About to Become Reality?

          With the recent bankruptcy of the cryptocurrency exchange FTX, there has been a lot of renewed focus on cryptocurrencies.           While there are many alleged improprieties relating to the failure of FTX, this week, I want to focus on the bigger picture and the ambitions of many policymakers and politicians when it comes to…

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Inflation and Deflation Perspectives

          Despite last week’s rally in stocks, the highs of mid-November remain the market’s high point.  As I have been noting, my long-term, trend-following indicators remain negative.           This past week, I began to read the most recent book by James Turk, a past guest on my radio program.  Mr. Turk’s book is titled, “Money…

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