The Nonsensical Ridings of a Lunatic Mind

This week on Risk Parity Radio, we'll be doing our weekly portfolio reviews of the 7 sample portfolios. And since it's the end of the month, we'll also be talking about the distributions for April. But before we get to that... I'm intrigued by this: Do you agree with Tom Piketty that there would be no built-in inflation if our currency were still pegged to gold? Well, I suppose the answer is both yes and no. Historically, yes, there can be inflation in a system based on gold. When people are hoarding money, you get deflationary episodes and bad things like the Great Depression. In fact, this was the major political debate as