Tulip Bulbs In Geostationary Orbit—The Insanity Of Space X’s $1.7 Trillion Valuation
Boy, do we have inflation! And we’re not referring merely to yesterday’s +4.2% Y/Y gain on the CPI and today’s +6.5% Y/Y rise in the PPI. The ultimate inflationary eruption, in…
Written byDavid StockmanSource: David Stockman's Contra Corner
Boy, do we have inflation! And we’re not referring merely to yesterday’s +4.2% Y/Y gain on the CPI and today’s +6.5% Y/Y rise in the PPI. The ultimate inflationary eruption, in fact, is coming squarely at us in tomorrow’s absurd $1.7 trillion IPO of Space X. After all, the relentless central bank monetary inflation of […]
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