Posts Tagged ‘ stagflation ’

Keynesian Krugman Without a Clue

Feb 5th, 2010 | By | Category: Economics, Featured
Even when Paul Krugman gets it right, he still gets it wrong. Now, I am not someone who is a knee-jerk critic of the guy, although I generally expect Krugman to blame the wrong people and recommend the wrong “solutions.” Thus, when I saw the title of his most recent ...read more

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Posted in Economics, Featured | 4 comments


“I.O.U.S.A.” Excerpts

Oct 6th, 2008 | By | Category: Currencies, Economics, Politics
In 1913, President Woodrow Wilson was successful in publishing the Federal Reserve Act through Congress. The act allowed the government to establish the third central bank in the nation’s history. Think of the Fed as the bank of banks, and the government’s bank — the gatekeeper of the U.S. economy. The ...read more

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Posted in Currencies, Economics, Politics | No Comments »


The Danger of Stagflation

May 15th, 2008 | By | Category: Macro Economics
The American electoral system has never been designed to protect sound finance, and it has become more dangerous as the federal government and the Federal Reserve itself have become more skillful at manipulating the economy of the United States. The process of running before every gust of wind reached its ...read more

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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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