Meraglim Blog
China May Be First Major Economy to Go Cashless. Citizens Will Be Helpless
The war on cash has been going on for decades. The U.S. abolished the $500 bill in late 1969. (The old $500 bill featured a portrait of President William McKinley, by the way. I remember seeing a few when I was a kid). Today’s $100 bill is only worth 10 cents-on-the dollar compared to the
China Wants a National Blockchain. Big Brother is Watching Cryptos.
We’ve said frequently that we distrust most (not all) cryptocurrencies. We’ve also made the point that governments don’t go down without a fight and will not stand by while cryptocurrencies undermine their monopoly on money printing and monetary policy. Finally, we’ve also said that blockchain technology, what we call distributed ledger technology or DLT, has
A New Asset Freeze Hits as Major Powers Prepare to Lock Down the System
We’ve warned for years about what we call “ice-nine.” This refers to government’s ability to lock down the financial system in the next global crisis. In the 2008 crisis, governments met the demand for liquidity by printing money, guaranteeing banks and money market funds and engaging in trillions of dollars of currency swaps. The problem
Trade War Headlines Are Not a Flash in the Pan. This War Will Get Worse.
The stock market traded down when the trade war headlines first gained prominence in early February. Then stocks just as quickly bounced back on the view that Trump’s bark was worse than his bite, and that the tariffs and sanctions would be full of loopholes and exceptions. As this article shows, that may be wishful thinking. It’s
Larry Kudlow is a Nice Guy, But He’s the Wrong Choice for the White House.
Pretty much everyone likes Larry Kudlow. He’s smart, telegenic and highly seasoned. He worked in the White House in the early 1980s and was part of the “Reagan Revolution” that cut taxes, cut regulation and stimulated growth. He was also a Wall Street economist, and most recently a television and radio commentator with his own
Raven™ by Meraglim™, patent pending,: An Overview with Kevin Massengill and Jim Rickards
Raven by Meraglim: An Overview with Kevin Massengill and Jim Rickards
Forecasting the Future of the Trump Economy
Meraglim CEO, Kevin Massengill, interview on Future Money Trends.
World’s Most Powerful Bank Sees Stocks Going Down 40%. We Agree.
Doom and gloom voices are a dime-a-dozen on the web and podcasts these days. My problem with most of them is not that I disagree, but that they don’t offer any analysis to back up their claims. Just saying that stocks can decline 40% isn’t worth much if you can’t put that in an analytical