Economics and Investing:
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