Posts Tagged ‘ deflation ’

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Vagaries of Price Movement Amid Inlation and Deflation

Apr 24th, 2009 | By | Category: Featured, Macro Economics
If governments wised up and ceased pumping trillions of new money and credit to back-stop assets with unsupportable values, you'd get a severe and painful deflation. The flow of money and credit would contract and the general price level would fall—most severely for those assets that benefited the most from ...read more

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Posted in Featured, Macro Economics | 2 comments


Assessing How Serious the Financial Crisis Can Get

Apr 23rd, 2009 | By | Category: Featured, Macro Economics
It’s time to call the global crisis what it is: the worst financial collapse since 1929. That’s no surprise to our readers, who have been amply warned over the last five years. But now even government officials, after trying to ignore the facts on the ground for the last couple ...read more

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Posted in Featured, Macro Economics | 3 comments


Huge Inflation

Mar 18th, 2009 | By | Category: Featured, Macro Economics
What an absurd old world we live in. The Bank of England is worried about deflation, but only so it can justify the massive inflation it's cooking up. Barack Obama is outraged about US$165 million in bonuses at AIG and will use all legal means to stop them. Like he ...read more

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Posted in Featured, Macro Economics | 7 comments


Gold Amid Inflation and Deflation

Feb 20th, 2009 | By | Category: Featured, Gold
"Inflation and deflation are both a crisis in money. Which leaves gold as a secure store of wealth against both monetary panics..." The 1970s didn’t just curse the world with cheap German wine and the Bay City Rollers. That decade gave us soaring inflation, too. Gold's stellar run up to $850 per ounce, ...read more

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Posted in Featured, Gold | 3 comments


State of Cringe

Jan 29th, 2009 | By | Category: Featured, Macro Economics, Oil
Just as Mr. Obama has danced into the oval office, we've arrived at a moment when a lot of people have a hard time imagining the future. This includes especially the mainstream media, which has reached a state of zombification parallel to that of the banks. But even in the ...read more

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Posted in Featured, Macro Economics, Oil | 11 comments


Cheering Gold’s New One-Month Low

Jan 15th, 2009 | By | Category: Featured, Macro Economics
Good news everyone. Gold has reached a one-month low. In fact, February gold futures on Comex fell the most in six weeks. They tumbled four percent on the day, down US$34. This is very good news. It means you will have a chance to buy gold at lower prices before it ...read more

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Posted in Featured, Macro Economics | 2 comments


The Great Reinflation

Jan 7th, 2009 | By | Category: Featured, Gold, Macro Economics, Oil
Responding to growing concern about the quality of the Federal Reserve System’s assets, former Federal Reserve Governor Lyle Gramley told reporters last week that “You have to reckon with the fact that one of the Fed’s assets is gold certificates, which are priced, as I remember, at US$42 an ounce, ...read more

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Posted in Featured, Gold, Macro Economics, Oil | 4 comments


Gold Looks Bullish as Dust Settles

Dec 17th, 2008 | By | Category: Featured, Gold, Macro Economics
The late November rally in gold prices wasn’t quite as spectacular as mid-September’s gain, but it was still impressive. There was good follow-through too, though the momentum softened as bulls knocked on resistance near $850. The rally was a no-brainer. There is a strong line of support at $700, which was ...read more

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Posted in Featured, Gold, Macro Economics | 6 comments


Flationed Out

May 1st, 2007 | By | Category: Macro Economics
I HAVE BEEN pondering the word "stagflation." Nearly everyone but me seems to think we are in it or headed for it. What exactly does stagflation mean anyway? Let's take a look at two definitions and a comment: 1. "Sluggish economic growth coupled with a high rate of inflation and unemployment" (American ...read more

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Posted in Macro Economics | No Comments »


Relationship Management 101

Jan 29th, 2007 | By | Category: Macro Economics
I received a phone call today from a professor of an esteemed university offering to teach a class on relationship management right here on Whiskey & Gunpowder. I was initially skeptical, and it took a bit of persuasion on his part, but once I heard a synopsis of the lessons, ...read more

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Posted in Macro Economics | No Comments »


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