This week, the United Kingdom, Macau, the United States, and Australia. The only safe place among these for anything other than short term trading is Australia.

The United Kingdom Chooses Monetary Fentanyl

Let’s start this review with the U.K. and a really horrible pun.

The following headline should scare the craps out of all those who gamble with paper money: Bank of England to directly finance U.K.’s Covid-19 spending. Here’s the key paragraph (emphasis mine):