Category Archives: Inflation
The Art and Pseudoscience of Monetary Policy
Everyone’s got a plan for sale these days. In fact, there are so many plans out there we cannot keep up with them all. Eat celery sticks and lose weight. Think and grow rich. Stocks for the long run. Naturally, … Continue reading
Adventures in Currency Debasement
The U.S. dollar, as measured by the dollar index, has generally gone up since mid-2014. The dollar index goes up when the U.S. dollar gains strength (value) against a basket of currencies, including the euro, yen, pound, and several others. … Continue reading
Attaining Self-Destruct Velocity
Some Monday mornings are better than others. Others are worse than some. For one Amazon employee, this past Monday morning was particularly bad. No doubt, the poor fellow would have been better off he’d called in sick to work. Such … Continue reading
Meddling with Markets for Work and for Pleasure
The popular economic theme being reported by the popular press still remains. That the economy is grinding higher. That growth is improving, albeit slowly. That blue skies are just over the horizon. Naturally we have some misgivings. As far as … Continue reading
