Fractional Fraud
Podcast: Download (Duration: 19:15 — 13.2MB)
Right to work makes sense; Banks lend more than they own
Podcast: Download (Duration: 19:15 — 13.2MB)
Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

Mish fails to recognize that fractional reserve lending doesn’t exist.