Tag Archives: currency
Does Corporate Greed Cause Inflation?
It cannot be said enough. Inflation starts with the inflation of the money supply. From there, the excess money and credit chases consumer prices higher. So, too, it pumps up both stock and real estate market bubbles. Continue reading
On the Importance of Deflation and Depressions
Deflation, in essence, means a general reduction of prices. As opposed to inflation, deflation allows consumers to buy more goods or services tomorrow with the same money they have today. Savvy consumers will then delay purchases in anticipation they can buy more for less in the future. Continue reading
Gold Shines Bright
The mighty U.S. dollar spent a good part of the year beating up on other currencies. From January to mid-October, the dollar rose 13 percent against the euro, 22 percent against the Japanese yen, and 6 percent against emerging market currencies. Continue reading
Is It Game Over For Washington Checkers Players?
The United States and Western Europe are playing checkers. Russia and China are playing chess. This mismatch is grossly evidenced by the recent salvos in the financial warfare being waged between NATO allies and the burgeoning Sino-Russian alliance.
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