Tag Archives: interest rate
No Free Lunches Be Damned
“There ain’t no such thing as a free lunch,” is one of the essential axioms of economics. No doubt about it, there’s no getting around this simple truth. Everything has a price. For example, even if someone buys you lunch … Continue reading
The Muted Delight of the Forthcoming Recession
One week down. Fifty-one more to go. No doubt, this has been a wild start to the New Year. We expect many more to follow. For example, on Monday, Chinese investors overloaded the Shanghai Stock Exchange. An abundance of traders … Continue reading
Potato Sack Economics
Fiscal policy, as opposed to monetary policy, is more readily understood by the general populace. Income taxes, budget deficits, the national debt. These are all tangible things the average working stiff can grasp a hold of, if they care to. … Continue reading
Black Swan Fledgling – The Debt Crisis Takes Flight
The debt based money system plods along according to plan. The Fed offers unlimited credit. Public and private entities borrow and spend it. One of the more popular delusions of contemporary culture is disbelieving the money will ever have to … Continue reading
