The Yen is Worth Less or Worthless

There is no doubt that Lauren's interview skills is why I watch her. I saw three short videos that I thought might be of interest.

The first is a Lauren Lyster interview of Rick Rickerts, author of the book Currency Wars. This is particularly troubling as such "wars" were common during the Great Depression, and eventually led to a shooting war.

The second interview is a prediction that the Yen will become worthless—not worth less, but worthless.

The third interview is with John Maudlin, whom I will hear in person next week at a Palm Springs hard money "retreat." In the interview he was surprisingly optimistic with a prediction of American resurgence—if the deficit problem is solved. A mighty big if. But if this happens and everyone else does not solve their problems, then maybe he will be right.

In any event recently I have thought a lot about that old Chinese curse, "May you live in interesting times."