Category Archives: Inflation
Why Warren Buffett Should Buy Gold
Warren Buffett bought his first shares of stock at 11 years old. He saved up $114.75 and “went all in,” purchasing three shares of Cities Service preferred stock. The day was March 11, 1942 – nearly 77 years ago. Buffett recently reminisced about this purchase in his annual letter to shareholders: “I had become a capitalist, and it felt good.” Continue reading
“The Future Ain’t What It Used to Be”
The populace, through a long sequence of self-inflicted economic and social depravities, has a bazillion and one fire ants up its pantaloons. What’s more, they don’t like the uneven mix of pain and panic this provokes. But they aren’t quite sure how to put a stop to it. Continue reading
The Categorical Insanity of Central Banking
Currency debasement. Asset price inflation. Booms, bubbles, and busts. Yes, folks, central bankers have succeeded at making full hash of the world at large. This goes for the Federal Reserve too. Continue reading
The Zealous Pursuit of State Sponsored Wealth Destruction
The lifecycle of capital follows a wide-ranging succession. It is imagined, produced, consumed, and destroyed. How exactly this all takes place involves varying and infinite undulations. One generation may produce wealth. While the next generation burns through it. Various facets … Continue reading
