[April Lexington]

I like a lot about Schiff, and he’s more right than wrong, but I’m growing sick about his cult of personality, and his apostles who pretend he’s the 2nd coming and infallible.

I agree. Too much of this hero worship when stocks are up and bad mouthing when stocks are down. I never trust much money to any of these wizard's. If I can't manage it, I shouldn't have it and the market proves me right once in a while!

[Travis McGee]

I’m glad we agree. I read both Mish and Schiff, and they are both more right than wrong. The deflation/inflation equation remains to be tested by time. For sure, the permabull touts are fools. Some of the same idiots who two years ago were saying on FR that real estate could not fail, and debt is no problem. Some of them are still peddling this line right here, making fools of themselves for the world to see.

[Travis McGee]

TP talks in circles about the origins of thin air money, and how it doesn't matter. Just like how this graph doesn't matter, and we're not really saddling future generations with debt.

It's Custer Last Stand for the Keynesians, and they are still shouting through the arrows that they are winning.