Mises Wire

Using McDonals’s Big Mac as the standard, the US Dollar looks relative firm compared to some other currencies.

...it un-ironically wonders aloud who’s been suppressing volatility and compressing yields.

The problem is that Argentina had decided to once again prefer deficits and unrestrained government spending to paying its obligations.

I earlier linked to this talk at the Segovi

Regarding Nicolás Cachanosky’s insightful article this morn

In a must-read post on Zero-Hedge,