Category Archives: Inflation
Where Did Your Money Go?
It all seems so systematic, arranged, and orderly. Almost a direct proof of deism. Sixty seconds make a minute, 60 minutes make an hour, 24 hours make a day, and one day equals one complete rotation of the planet earth. Continue reading
The Triumph of Madness
Rudolf von Havenstein had been president of the Reichsbank – the German central bank – since 1908. He knew the workings of central bank debt issuances better than anyone. He was good at it. Continue reading
The Impulses of Lunar Fed Policy Under Repo Madness
The Fed, through its repo madness program, has supplied financial markets – including big banks like JP Morgan – with mass liquidity. But that’s not all. The Fed’s also supplied financial markets with a highly tenuous assumption: The Fed will never allow the lack of liquidity of a major debtor to become an insolvency crisis that contracts the money supply. This assumption, without question, will be proven false at the worst possible time. Continue reading
How the Fed Robs You of Your Life
The inflation of the money supply, in effect, distorts the prices of goods and services. Subsequent units of a good or service may have a reduced utility, though, over time, their nominal cost increases. This also undermines individual savings…and robs savers – that’s you – of their lives… Continue reading
