The Cycling Of Money
January 28, 2013 - 8:20am
Via Mark J. Grant, author of Out of the Box, “Money may not buy you happiness but it certainly will let you be unhappy in nice places.” -The Wizard In one sense the trajectory of money is similar to what recently occurred with Lance Armstrong which is that he admitted to doping. The financial markets have been living on the drugs provided by the world’s central banks and that has been more and more and ever more money pumped into the system. We have become addicted to the stuff and never mind that more pieces of green and blue paper decrease the value of the currency because, with the possible exception of gold, there is nowhere else to go and so the global slosh of capital keeps driving the markets higher; all of the markets.&nb...
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