Inflating

Tuesday, August 28th, 2012

What are the chances that President Barack Obama and his Treasury secretary, Timothy Geithner, will ever have anything meaningful to say about monetary policy​—​beyond continuing to try to coax Federal Reserve chairman Ben Bernanke to print ever more dollars to buy up ever more U.S. government debt? About the same as the interest rate you are receiving on your savings: zero.

Wednesday, August 22nd, 2012

While some members of Congress and Republican presidential hopeful Mitt Romney want to label China a “currency manipulator,” little is said about the Federal Reserve’s role as an interest-rate manipulator.

Thursday, August 9th, 2012
This video, The Ghost of Inflation: The Threat of Going Back, includes Jerry Jordan, one of the great economists who never forgot the importance of sound money.  Initial remarks begin at 16:30 minutes...
Tuesday, August 7th, 2012

An overview of the Cantillion Effect and how it effects our economy.

Friday, August 3rd, 2012

Where is the gold price today? If you’re like many Americans, you have no idea whether it went up, down, or sideways.

Monday, July 16th, 2012
Coming up next, a discussion on the history of the gold standard. Three panelists-including author Lewis Lehrman-debate the origins, benefits, and drawbacks of the system. They also discuss why the U.S. left the gold standard, and the arguments for reinstating it.
Thursday, July 12th, 2012

In my latest book, I devote a full chapter to the merits of the historical gold standard and reasons to reinstate it.

Tuesday, July 10th, 2012

A question on the minds of many people today (increasingly those who manage or invest money professionally) is this: How do I preserve wealth during a period of intense official intervention in and manipulation of money supply, price, and asset markets?

Friday, July 6th, 2012
by Tyler Watts“In theory, there is no difference between theory and practice. In practice, there is.” –Yogi Berra
Friday, June 29th, 2012

The notion that inflation is harmful is a staple of economic science. But most textbooks underrate the extent of the harm, because they define inflation much too narrowly as a lasting decrease of the purchasing power of money

Monday, June 25th, 2012
When a little over two years ago, at the second Lausanne Conference of this group, I threw out, almost as a sort of bitter joke, that there was no hope of ever again having decent money, unless we took from government the monopoly of issuing money and handed it over to private industry, I took it only half seriously.
Thursday, June 21st, 2012

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.”

Wednesday, June 13th, 2012
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.
Monday, June 11th, 2012

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 further disguise inflation and the erosion of your standard of living.

Friday, June 1st, 2012

"...nor am I a doctor. But here is a critique of a school of economic thought, along with an appendectomy!"

   
Friday, June 1st, 2012

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

Thursday, May 31st, 2012

Bottom line: A roller coaster economy brought to you by Ben Bernanke by his first draining reserves and his then expanding them is the path we are on.

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