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Steve Keen considers the following as important:
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NewDealdemocrat writes March JOLTS report: declines in everything, fortunately including layoffs
NewDealdemocrat writes Manufacturing treads water in April, while real construction spending turned down in March (UPDATE: and heavy truck sales weren’t so great either)
Eric Kramer writes Eric Segall tells us what he really thinks about the Roberts court
Angry Bear writes Supreme Court watchers mollified themselves (and others) with vague promises
Creating imaginary money and buying goods and services with it cannot be a sustainable economy. It is based on stealing the value of the money. It is criminal. History has shown us that devaluing the money destroys the economy.
Money should be like the oil in an automobile engine. Reducing the friction of transactions to help the economy to run smoothly. Instead we have created a system such that the purpose of the economy is to pump money around.
recomand the dow to gold ratio on liniar scale for the long cycle of a generation.