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How Marxs and Lenin Would Think Of The Markets Today
From a Marxist perspective, if you believe that the market is always right and the Federal Reserve doesn't know what it's doing, you align with the market-oriented view. However, if you take a Leninist view that there is an existential struggle in understanding value, money, and the rules of the global game, then the Federal Reserve has the power (bullets) and the markets may be forced to reset, as they have done in the past year.
Watch more of this short video from Will De-Dollarization Implode The Global Economy? | Michael Every.
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There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?
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