Economics and Investing:

Kevin S. suggested this article: Concerned Roman Hoarded Gold to Protect Against Hyperinflation at the Outer Reaches of Roman Empire ^[1]

The Washington Times reports: Welfare spending jumps 32% in four years ^[2]. (Our thanks to B.B. and P.D. who both sent the link.) P.D.’s comment: “As you’ve written before, when the EBT ^[3] cards stop working, there will be blood.”

Dallas Federal Reserve President Richard Fisher recently offered a stunning assessment about our policymaking central bankers down in Washington. They’re winging it. ^[4]

Items from The Economatrix:

Why Are Gasoline Prices Suddenly Falling? ^[5]

Iran Renews Cyberattacks on US Banks ^[6]

Moody’s Downgrades World’s Oldest Bank to “Junk” ^[7]

Stagflation Warning:  When You Look At What Happened In The First Half Of The 1970s, The Similarity Between Then And Now Is Frightening ^[8]