Tag Archives: interest rate
Is an Economic Deluge Nigh?
Is an Economic Deluge Nigh? By David Galland, Casey Research If history has taught one certain lesson, it is that the less fettered an economy, the better humankind is able to do what it does best: run from trouble and … Continue reading
Destroying the Retirement Dreams of a Generation
Stocks had a rough go of it yesterday. After recouping some of the day’s early losses the DOW ended the day with a 102 point loss. One headline said it was Europe’s fault. Another said it was Wal-Mart bribery in … Continue reading
Spain to ECB: Inflate or Die
The Bane of Europe “Thou hast seen nothing yet.” – Miguel de Cervantes, Don Quixote In the late 15th century, the gods look down from the heavens above and smiled upon Spain. With the capture of the Emirate of Granada … Continue reading
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




