Mises Wire

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

Some great contributors.

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

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

In a must-read post on Zero-Hedge,