‘There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.’ – Ludwig von Mises
Is It Time to Look at Fixed Income and Inflation Protection?
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Recently, I was asked on CNBC Asia what I thought about fixed income at the
present time. My answer was that I thought having cash allocated to some is
w...
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