Authored by Grant Williams, via Mauldin Economics,
About 18 months ago, I had a very pleasant chat with a gentleman by the name of Luzi Stamm.
You may detect some measure of surprise in my words, and the reason for that is quite simple: Luzi Stamm is a politician; and, as regular readers will know, I am no fan of that particular class.
But Herr Stamm was different.