Milke Maloney?

[doom&gloom]

anyone follow this guy regularly?

Sites:

https://wealthcycles.com/

http://goldsilver.com/home/

[LargoWinch]

Re: Milke Maloney?

Poor choice.

Maloney is a fraud and so is all that Rich Dad Poor Dad crap he is associated with.

$10 Oil? Clueless. (despite his claims on inflation/hyperinflation – go figure).

[Jay]

Re: Milke Maloney?

He needs to read Basil Moore to understand that credit money is created by consumer demand and not through government or existing reserves. The expansion of credit comes first and reserves come later. Keen hammers this home. Reserve requirements have been effectively zero for a while. Banks enter loan agreements and obtain the reserve requirements from the Fed or the open market later. This is why the Fed feels somewhat powerless now. There is no loan demand.

Money for nothing and your chicks for free....

This guy Maloney, who I admit know nothing about, looks like a snake oil salesman to me. In a 10$ oil world, does he discuss why gold is rising!?! Hah! He's a joker who knows half the story, yet plays on those who know none of it.

[doom&gloom]

Re: Milke Maloney?

yeah, i couldn't figure all that out, but some of it made lots of sense.

[karim0028]

Re: Milke Maloney?

yeah, i couldn't figure all that out, but some of it made lots of sense.

I think he is saying a huge depression and then tons of money printing/very high inflation/hyperinflation. One part make sense, the 10 dollar oil does not.