Posts Tagged ‘ value of the dollar ’

Inflationary History

May 19th, 2008 | By | Category: Currencies, Macro Economics
“We can pay anybody by running a printing press,” said Thomas Gale Moore, one of Ronald Reagan’s economic advisors, when the United States became a net debtor to its foreign investors in 1986. “Frankly, it’s not clear to me how bad [being a net debtor] is,” he added. And for the ...read more

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Oil, Gold, Batman and Leo Tolstoy

Nov 15th, 2007 | By | Category: Gold, Oil
OKAY, READERS, LET’S TAKE A LOOK at what’s going on. The price of oil is nearing $100 per barrel and will probably break through that level any second now. The price of gold is nearing $825 per ounce. That should go higher. So this is what we know. Not pretty, ...read more

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