Category Archives: Inflation
Collective Destruction
Last Tuesday we remarked that Mario Draghi and the European Central Bank were receiving valuable on the job training. Most notably, that money creation operations are much harder to stop than to start. By Thursday, Draghi confirmed he’s an astute … Continue reading
Why Chimpanzees Throw Poop at Zoo Gawkers
Can you believe it? The 2012 fiscal year budget deficit is on track to eclipse $1 trillion a year for the fourth year in a row… According to the Treasury Department, “through the first nine months of the budget year, … Continue reading
How Does Gold Fare During Hyperinflationary Periods?
How Does Gold Fare During Hyperinflationary Periods? By Jeff Clark, Casey Research Inflation is a natural consequence of loose government monetary policy. If those policies get too loose, hyperinflation can occur. As gold investors, we’d like to know if the … Continue reading
The Greatest Fraud of All
“As always, the Federal Reserve remains prepared to take action as needed to protect the U.S. financial system and economy in the event that financial stresses escalate,” said Federal Reserve Chairman Ben Bernanke to Congress last Thursday. The stock market … Continue reading
