Tag Archives: GDP
The Twisted Tale of Consumers and Producers
“Every man is a consumer, and ought to be a producer,” observed 19th century philosopher Ralph Waldo Emerson. “He is by constitution expensive, and needs to be rich.” These days Emerson’s critical insight has been tipped up on end. Producers … Continue reading
Connecting the Dots on Employment and Inflation
One principal conundrum of the extreme monetary policies of the last eight years is on the subject of consumer price inflation. Expansion of the money supply is, by definition, inflation. Yet how come, following a quadrupling of the monetary base, … Continue reading
The Best Time to Squirrel Away Some Nuts
“Sell in May and go away,” goes the old Wall Street adage. The general rule is to sell stocks on May 1, hold cash through the summer and into the fall, and then re-enter the stock market on Halloween Day. … Continue reading
Why We Are All Doomed
Second quarter GDP, as reported in by the Bureau of Economic Analysis on August 28, grew at an annualized rate of 4.2 percent. This follows up a 2.1 percent decline in the first quarter. Just what is it that turned … Continue reading
