Posts Tagged ‘ paper money ’

Why Policy Advise Is Futile And What You Should Do Instead

Sep 7th, 2011 | By | Category: Featured, Macro Economics
Paper money collapse is inevitable. Our present system of elastic money is not only suboptimal it is also unsustainable. As I show in my book elastic money must lead to the accumulation of imbalances, to capital misallocations, and to resource mis-pricings. Those must lead, over time, to economic disintegration and ...read more

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Posted in Featured, Macro Economics | 8 comments


Snarky Disinformation About Gold and the Nature of Money

Dec 18th, 2009 | By | Category: Featured, Gold
We’re going to review your 2010 asset allocation strategy in a roundabout way by exposing some of the snarky disinformation being put out by the mainstream media about gold, courtesy of Michael Pascoe at The Age. First though, let’s just check to see that markets are still functioning normally. That is, ...read more

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Posted in Featured, Gold | 4 comments


Crisis Breeds Opportunity

Aug 14th, 2008 | By | Category: Currencies, Oil
When you have a lot of problems you also have a lot of opportunity. I want to start with some wise words from John Templeton. Templeton actually died a few weeks ago at the age of 95. His is a great story. Born and raised in rural Tennessee, Sir John was ...read more

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Posted in Currencies, Oil | 1 Comment »


How Paper Money Distorts Investment Cycles

Mar 19th, 2008 | By | Category: Macro Economics
THE GOVERNMENT CANNOT BEND THE ECONOMY to its will, as most economists appear to believe. The economy is infinitely complex, and instead bends to the will of billions of spending and investing choices. Yet some economists still try to tweak the economy if it does not suit a political agenda, ...read more

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Posted in Macro Economics | No Comments »