Tag Archives: china

Currency Wars and the New Age of Desperation

It must have seemed like a good idea at the time.  Of course, the time is always right for government policy makers to improve upon the natural order of things.  In their dim minds, the unintended consequences of their actions … Continue reading

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How to Erase the Federal Debt and Other Bad Ideas

The world is rife with bad ideas.  Just open your eyes and look around.  Hardly a blink can be made without some bad idea coming into view.  What’s more, the worse the idea…the more popular it becomes.  Here’s a partial … Continue reading

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More Credit, More Debt: Lessons from the Last Great Unraveling

“The lord giveth increase, but man devised credit.”  — Garet Garrett Solving the Debt Problem with Credit Something quite remarkable happened in the years following the war to end all wars.  European economies were ruined and European governments were buried … Continue reading

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How to Invest in a Declining Economy

Despite enormous monetary and fiscal stimulus efforts, the world economy continues to trudge along like a weary pack mule.  Most European countries are in recession, the United States is growing at just 1.9 percent, and, from what we gather, China’s … Continue reading

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