Tag Archives: treasuries
The Temporary Madness of an Ugly Mathematics World
There are obvious contradictions in government finance that are both shocking and absurd. There are opposing forces colliding before us with consequences hardly a soul can escape. To sum up the plot, there’s the soft delusion of prosperity through public … Continue reading
What You Are Up Against
The Bureau of Labor Statistics reported last Friday that consumer prices increased 0.6 percent in August. Over the last 12 months, according to the BLS, consumer prices increased 1.7 percent. Nonetheless, if you’ve paid bills or bought anything lately you … Continue reading
More Credit, More Debt: Lessons from the Last Great Unraveling
“The lord giveth increase, but man devised credit.” — Garet Garrett Solving the Debt Problem with Credit Something quite remarkable happened in the years following the war to end all wars. European economies were ruined and European governments were buried … Continue reading
The Clever Fellows of Jackson Hole
The cony-catchers assembling in Jackson Hole, Wyoming, believe the darnedest things. They think they can decide the price of the economy’s most important component – its money – better than the market can. Moreover, by low-balling the price of money … Continue reading
