Inflation

  • It’s the Money Supply, Stupid!

    During the 1992 presidential campaign, former President Clinton’s rallying cry was “It’s the Economy, Stupid.” He sang it to perfection and won the election. Today, the smart politicians (and economists) should realize that “It’s the Money Supply, Stupid.”

  • Inflationeering…

    Wondering why inflation figures are so tame when real estate prices are soaring? There is a simple explanation: the Consumer Price Index factors in rising rents, not rising home prices.

    Inflationeering…
  • New CPI Means Higher Taxes, Lower Benefits

    A rose by any other name would smell as sweet, but a steak tastes not as sweet – if it’s a cut of horse  meat… The new CPI calculations are designed to […]

  • Don’t Wait For the Announcement, QEIII is Already Here

    By Devin Roundtree Due to May’s disappointing unemployment numbers, Wall Street investors are again debating if the Federal Reserve will provide another round of Quantitative Easing. Yet nobody is recognizing […]

  • “I am not an Economist…”

    “…nor am I a doctor. But here is a critique of a school of economic thought, along with an appendectomy!”     “Donny, you’re out of your element.” Fans of […]

  • Time Bomb? Banks Pressured to Buy Government Debt

    US and European regulators are essentially forcing banks to buy up their own government’s debt—a move that could end up making the debt crisis even worse, a Citigroup analysis says

    Time Bomb? Banks Pressured to Buy Government Debt
  • Pre-Fed Panics: Their Causes, Cont’d

    Earlier we posted a reply, by Dr. Bob Murphy, to an NYT blog post by Dr. Paul Krugman, wherein Murphy criticized Krugman’s interpretation of certain statistics and used work by Dr. Steven Horwitz to buttress his argument. Here Dr. Joseph Salerno takes issue with Dr. Horwitz’ conclusions, and adds his thoughts to the matter.

    Pre-Fed Panics: Their Causes, Cont’d
  • Gold and The Central Banks: The Game Theory

    “Collectively, the central bankers of the world might agree that they do not want gold to be remonetized. Individually, it is in their interest to defect from this consensus. As the American Century decays, individual motivations tend to become more prominent. You and I are not in a free market – but the central banks…

    Gold and The Central Banks: The Game Theory
  • Can We Get Inflation AND Deflation at the Same Time?

    The current financial crisis, may progress to a phase where people demand and hoard dollar bills but take electronic deposit credits only at a discount which increases until electronic deposit credits are repudiated entirely. 

    Can We Get Inflation AND Deflation at the Same Time?
  • Gold Tells the Truth

    Feel like your wages are buying less in real terms? They are

    Gold Tells the Truth
  • The US Dollar Vs. Gold

    The GFC is falsely named, since it is more accurately described as a global monetary war with the USGovt vigorously defending its franchise in the USDollar for crude oil and trade settlement, and for bank reserves management. 

    The US Dollar Vs. Gold
  • Is There No Escape from the Euro?

    Is escaping the Eurozone possible?

    Is There No Escape from the Euro?