Murrinations

History has been repeating itself since the dawn of Man, the key is can we see it in real time?

At the conclusion of the Third Punic War that finally ended in 146BC with the total destruction of Carthage at the hands of a Roman Army, its leader Scipio Aemilianus and his friend Polybius the Greek historian friend were witnessing the carnage as the smoke and flames rose from the city to the terrible sounds of its dying inhabitants.

A Pre-emptive strike on Iran?

Question?

Why did the Fed choose to go the unlimited QE route last week, risking opening Pandora’s  box with its implications of the dollar becoming a Fiat Currency  ? After all the ECB seems to have provided the solution that would hold back the anticipated disaster in Europe, and the Fed must know that more QE will not bring down unemployment?

 

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