Category Archives: Inflation

How to Stick It to Your Banker, the Federal Reserve, and the Whole Doggone Fiat Money System

Somehow, former Federal Reserve Chairman Ben Bernanke found time from his busy hedge fund advisory duties last week to tell his ex-employer how to do its job.  Namely, he recommended to his former cohorts at the Fed how much they … Continue reading

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Simple Math of Bank Horsepucky

We stepped out on our front stoop Wednesday morning and paused to take it all in. The sky was at its darkest hour just before dawn.  The air was crisp.  There was a soft coastal fog.  The faint light of … Continue reading

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Hell To Pay

Economic nonsense comes a dime a dozen.  For example, Federal Reserve Chair Janet Yellen “think(s) we have a healthy economy now.”  She even told the University of Michigan’s Ford School of Public Policy so earlier this week.  Does she know … Continue reading

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The Long Run Economics of Debt Based Stimulus

Something both unwanted and unexpected has tormented western economies in the 21st century.  Gross domestic product (GDP) has moderated onward while government debt has spiked upward.  Orthodox economists continue to be flummoxed by what has transpired. Here is the United … Continue reading

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