The mainstream financial media just published an astounding opinion piece on the gold standard

From Bloomberg:

Nut cases. That’s what they are. And if you take an interest in them, you are a nut case, too.

That’s the consensus among credentialed economists who describe advocates of a return to the monetary regime known as the gold standard. In fact, the economic pack will marginalize you as a weirdo faster than you can say “Jacques Rueff,” if you even raise the topic of monetary policy in relation [...]

David Callaway: Plunge protection team hedging on Greece

By David Callaway, MarketWatch

SAN FRANCISCO (MarketWatch) — At some point, the world’s major central banks are going to turn off the three-year spigot of free money supporting much of the world’s economic and market gains these days.

Just not right before a key Greek debt swap on Thursday that could ignite the European crisis all over again.

The Federal Reserve’s signal on Wednesday that it is considering buying more [...]