Central Banks Have Become Irrelevant. Weekly Market Update 10-11-20

The Scottish market strategist Russell Napier warns that investors should prepare for inflation rates of 4% and more by next year.

The main reason: Governments have taken control of the money supply. Debts are too big and governments need inflation to get rid of this debt. This is my major theme for next decade.

Review of economist Russel Napier interview on how this has been done in the past and will be done again.

Central Banks have Become Irrelevant https://themarket.ch/interview/russel…

Barrick CEO calls for consolidation and warns of reserve crisis https://www.mining.com/web/barrick-ce…

JPMorgan Chase promises to shift portfolio away from fossil fuels https://www.ft.com/content/e1be8a23-1…

Square Puts 1% of Total Assets in Bitcoin in Surprise $50M Investment https://www.coindesk.com/square-buys-…

25 Cognitive Biases that Ruin Your Life, Explained https://www.allencheng.com/25-cogniti…

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