Tag Archives: federal reserve
Sowing the Seeds of Mass Inflation
Around the time Elvis Presley choked on his last pill the impossible happened; inflation and unemployment increased simultaneously. Economists were confounded. According to the Philips curve there was supposed to be an inverse relationship between inflation and unemployment. When the … Continue reading
Everything that’s Wrong with Everything
Is the economy improving or stagnating? Are businesses hiring or firing? Is the stock market a buy or a sell? Will monetary inflation prevail over debt deflation? Quite honestly, we don’t know the answers to these questions. Nonetheless, we have … Continue reading
How the Fed Steals Your Life
Things are going haywire. Prices are shifting about in erratic and unpredictable ways. Take gas prices, for instance. Here in the Golden State we just paid $3.87 per gallon for the cheap stuff. You’d think at that price the economy … Continue reading
How the Stock Market Doubled
Things keep on moving forward as they must. Some things seem obvious and predictable…like Greek insolvency. Others, like the escalating potential for an attack on Iran, are just coming into focus. Still, what we see, and what we know, is … Continue reading
