Posts Tagged ‘ money printing ’

How To Debate Paul Krugman

May 2nd, 2012 | By | Category: Featured, Macro Economics
Paul Krugman is the high priest of Keynesianism and modern interventionism, of economic improvement through inflation and budget deficits. As such he is bête noir among us libertarians and Austrian School economists. What makes him so annoying is his unquestioning, reflexive and almost childlike enthusiasm for state intervention, even in the ...read more

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Posted in Featured, Macro Economics | 6 comments


Christina Romer’s Toxic Cookbook

Nov 9th, 2011 | By | Category: Featured, Macro Economics
Keynesian and other mainstream economists cannot explain the present crisis. That doesn't seem to bother them. All they can offer is a description of symptoms, such as with their favorite phrase: lack of "aggregate demand." Which, if you think about it, doesn't really explain anything. How come demand dropped? Why did ...read more

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Posted in Featured, Macro Economics | No Comments »


Hyperinflation Guaranteed

May 24th, 2010 | By | Category: Featured, Macro Economics
Yes this is it! We have crossed the Rubicon and events in the world economy are now likely to unfold in a totally uncontrollable fashion. Clueless governments still don’t understand that it is their ruinous actions that have created a credit infested and bankrupt world. They will continue to prescribe ...read more

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Posted in Featured, Macro Economics | 18 comments


Treasury Bond Avalanche

May 29th, 2009 | By | Category: Featured, Macro Economics
Illusions pile up... They're sure to come down sooner or later. Like snow at high altitudes, the central banks' new money is piling up. As reported last week, all the world's major central banks have turned on their snow machines. The U.S. Federal Reserve has been authorized to "print" $1.75 trillion ...read more

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Posted in Featured, Macro Economics | 2 comments


The Fed Prints, The Government Borrows: Welcome to Planet Death Star

Mar 2nd, 2009 | By | Category: Featured, Macro Economics
Down, down, down they go. But are stocks cheap as we begin the first week of March? "They are cheap looking back," says our friend Eric Fry in California, "but they still might be VERY expensive looking forward." Ah yes, the future. What does it hold? Well, apparently more lay-offs and ...read more

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Posted in Featured, Macro Economics | 5 comments