Posts Tagged ‘ inflation ’

End This Agony, Part II

Aug 12th, 2011 | By | Category: Economics, Featured, Macro Economics
There are two main explanations for how a smart guy like Krugman (and other sharp guys desiring more inflation, such as Tyler Cowen) can hold the views they do without their heads exploding. First, if one's model suggests that the solution to high unemployment and sluggish GDP growth is to boost ...read more


Why Is the Stock Market Crashing?

Aug 8th, 2011 | By | Category: Economics, Featured, Macro Economics
Investors the world over are still reeling from last Thursday's massive plunge in the US equity markets, in which the major indices all gave up more than 4 percent. It was the worst day for the US stock market since December 2008. [And today's markets are down over 4% again.--Ed.] None ...read more


Gas Prices Don’t Move Much In Good Currencies

Aug 1st, 2011 | By | Category: Economics, Featured, Personal Investing, Precious Metals
Gas is still only $0.20 per gallon... [caption id="attachment_8999" align="aligncenter" width="503" caption="A gas station in Ashland, Oregon, May 2011"][/caption] ...If you pay with un-debased U.S. currency. One gas station in Ashland, Oregon, is accepting payment for gas in the old, un-debased version of the currency. The more prices change, the more they remain the ...read more


The Federal Reserve Is Why You Can’t Afford Food And Gas

Jun 24th, 2011 | By | Category: Economics, Featured, Macro Economics
The Federal Reserve is supposed to promote full employment and stable prices, yet its actions cause jobs to disappear and prices to rise. This should come as no big surprise, at least it shouldn't if you're not inclined to think government intervention is either desirable or productive. The Fed is ...read more


Austerity American Style

Jun 22nd, 2011 | By | Category: Economics, Featured, Macro Economics
The artificially engineered U.S. recovery is already starting to falter as a fusillade of weakening data continues to shoot the economy full of holes. Recent numbers on GDP, durable goods, housing, regional manufacturing, initial unemployment claims and leading economic indicators all indicate a sharp slowdown in GDP growth. All this ...read more


Silver Price Collapse Reminds of Risks in Paper Market

May 20th, 2011 | By | Category: Featured, Gold, Personal Investing
Gold and silver are strange things. They have been used for centuries as money and only in the last 40 years have they been shoved aside by the financial communists — yet they still exist as a free market monetary asset despite the force of all the government’s guns. The strange ...read more


The Great Myth of the Inflation Cure

May 9th, 2011 | By | Category: Featured, Macro Economics
Parents probably dream of sending their kid to the University of Chicago. Next to the Ivy League or Stanford, the Chicago school is near the top of the heap. Only 27 percent of applicants are admitted. To be among the roughly 15,000 means prestige and an education to build a ...read more


How to End the Fed

Mar 9th, 2011 | By | Category: Economics, Featured, Politics
Things are not always as complicated as they seem. With respect to the Federal Reserve System, it is a deliberate mystery. It was deliberately designed in 1910 to deceive the public, who were opposed the idea of a central bank. The conspirators who met on Jekyll Island in November 1910 ...read more


Was QE2 Money Creation with No Negative Consequences?

Mar 2nd, 2011 | By | Category: Featured, Macro Economics
Ben Bernanke says it’s all going according to plan. You see, all it took was buying government bonds with money the Fed conjured into existence. Buy enough government debt and interest rates go down. This prevents prices from falling and sends investors fleeing from low-yielding government bonds and into stocks. According to ...read more


Gold, Silver, Copper, Nickel and the Slow Death of Money

Feb 16th, 2011 | By | Category: Commodities, Currencies, Featured, Gold
A huge opportunity to hedge against both inflation and deflation is lying out there in the open. There are no transaction costs and right now there’s even a built-in discount. But most people will never realize any of this. In 1933 President Franklin Delano Roosevelt signed Executive Order 6102, which made ...read more