Inflating

Thursday, April 21st, 2011
"Previous statements about exits by Fed officials simply listed the tools that could be used in an exit strategy, but did not actually put forth an exit strategy. In contrast, President Plosser describes a specific strategy.
Wednesday, April 20th, 2011
"So now – for once – it is the German economy that is bound for higher inflation than the rest of Europe. And make no mistake about whether rising prices will feed through to wage growth.
Wednesday, April 20th, 2011
"Gold rose above $1,500 an ounce to a record in New York and London as a weaker dollar and concern about debt and faster inflation spurred demand for an alternative investment. Silver reached a 31-year high.
Wednesday, April 20th, 2011
The Conclusion: The native inhabitants of Shell Island were living under growing pressure. For generations they had lived quiet lives tending their coconut trees, weaving their straw hats, and perfecting their massage techniques. With the arrival of the Outsiders, however, things had changed…
Wednesday, April 20th, 2011
"In fact, there's a big difference between the three scenarios before the Fed. One option would be to keep QE2 going after June, continuing to grow the Fed's balance sheet. The second option would be to kill QE2, but keep QE1.5 intact, leaving the size of the Fed's balance sheet unchanged.
Tuesday, April 19th, 2011
"To Atlanta Fed President Dennis Lockhart, higher gas prices dampened consumer spirits and contributed to disappointing growth in the first quarter. High energy prices are likely to weigh on consumers and business for a while, he said.
Monday, April 18th, 2011
Driving to the big city the other day, I noticed 2 billboards along the interstate highway that struck me as unique signs of the times. No, they weren’t ads for upcoming Justin Beiber concerts. They were ads for scrap metal buyers.
Monday, April 18th, 2011
"America currently has $14 trillion in debt on the books and another $70 trillion or so in unfunded entitlements and pensions that are not yet on the books. These debts will never be repaid with dollars at current value.
Friday, April 15th, 2011
"The government reported the Consumer Price Index, the most important monthly gauge of inflation, on Friday for March and it showed that inflation is rising at the fastest pace in more than a year. On average, prices are up 2.7% in the past 12-months.
Thursday, April 14th, 2011
Last week, in my blog, I discussed my concerns regarding the policies that the Federal Reserve has been pursuing lately. My concern was that in its attempt to achieve maximum employment, it might lose its grip on both of its mandates: price stability and maximum employment.
Wednesday, April 13th, 2011

I have been writing on the premise that sound money is money uncontrolled by a central authority. Although I believe that gold would be (and has been) the best option for a people’s money uses, in reality anything can be money; some things are just better than others.

Friday, April 8th, 2011
"The devaluation of the British pound from $2.80 to $2.40 is not only another declaration of the bankruptcy by Great Britain; it is another revelation of the bankruptcy of the international money system concocted at Bretton Woods, N.H., in 1944."
Thursday, April 7th, 2011
"As to where the money is coming from, Humphrey announced, "We can pay for it out of a growing, expanding economy. And it is actuarially sound." It is depressing to record that three days later, on Sept.
Tuesday, April 5th, 2011
America’s monetary policy has been going rogue ever since the Great Recession began. Mr. Bernanke, a man, whose position I by no means envy, has taken certain unprecedented steps, since the crisis, with the aim of helping get America’s economy back on track. I do not doubt Mr.
Monday, April 4th, 2011
Robert Kiyosaki talks about his book, Rich Dad's Conspiracy of the Rich: The 8 New Rules of Money, and the fall in value of money due to inflationary money printing.
Friday, April 1st, 2011
“Inflation can adversely affect corporate profits, household discretionary spending, and stock prices. Rising costs for raw materials have a dampening effect on profits. Increasing costs of food and energy begin to account for larger and larger portions of a household’s disposable income.
Thursday, March 31st, 2011
"'World leaders must understand that re-establishment of international confidence is more important for recovery in every country than the artificial measures from which people sometimes expect salvation,' Daladier said.
Thursday, March 31st, 2011
"A top Chinese economist warned that the world has fallen into a "dollar trap," as U.S. trading partners lack an alternative to the greenback and can't prevent the Federal Reserve from printing more money.
Wednesday, March 30th, 2011
"We have learned much about the unemployment-inflation trade-off and about monetary policy during the last 25 years.

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