Reader Paul B. sent a link to a “must read” article on Quantitative Easing and the velocity of money, wherein economics professor Laurence Kotlikoff of Boston University asks: Is Hyperinflation Just Around the Corner?
Karl Denninger Goes Galt on His Tax Footprint: It’s Called Evolution, Gentlemen (Tickerforum Changes)
A.M.B. sent: Government shutdown: Get up to speed in 20 questions
Items from The Economatrix:
The Job Situation Looks A Little Worse
Here’s Why Unemployment Is Still At Unacceptable Levels
US Is Broke, Can’t Afford To Raise The Debt Ceiling Says Schiff