Topic: Inflation

“Gold Miners Gain on Fed’s Latest Views”

– September 23, 2010

“Miners such as Newmont (NEM) and Silver Wheaton (SLW) galloped to new highs on Wednesday, as gold prices reached another new peak in the wake of the Fed’s latest comments. The Federal Reserve on Tuesday indicated that it was prepared to pump fresh cas …

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Commitment

– September 22, 2010

“There’s a difference between interest and commitment. When you’re interested in doing something, you do it only when circumstance permit. When you’re committed to something, you accept no excuses, only results.” – Unknown Today’s Atlas Liberty Café fe …

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“Repudiate the National Debt”

– September 22, 2010

“In the spring of 1981, conservative Republicans in the House of Representatives cried. They cried because, in the first flush of the Reagan Revolution that was supposed to bring drastic cuts in taxes and government spending, as well as a balanced budg …

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Devaluing the Dollar

– September 21, 2010

“The historical episodes of hyperinflation that we know of consisted of rapidly falling money demand alongside rapidly rising money supply. In general terms, what tends to happen is that after many years of persistently high monetary inflation, people …

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“Gold Prices Rise Ahead of Fed”

– September 20, 2010

“Gold prices were continuing their climb to $1,300 an ounce as investors bet on the Federal Reserve announcing another round of quantitative easing on Tuesday. If the Fed decides to buy more government bonds and expand the size of its balance sheet, it …

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Euro Will Unravel, and Soon — AEI

– September 17, 2010

By Desmond Lachman AEI Online Tuesday, September 14, 2010 “The outbreak of a sovereign-debt crisis in the eurozone’s peripheral economies has been among the more important developments in the global economy in 2010. Sadly, this crisis will likely inten …

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The Reserve-Currency Curse — WSJ

– September 16, 2010

By John D. Mueller POLITICAL ECONOMY The Wall Street Journal   Publication Date: September 4, 1986 Since 1971 the world has suffered two great inflations and three recessions. Hopes for a world-wide economic expansion have been interrupted once again, …

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“The Political Economy of Crisis Opportunism”

– September 15, 2010

“Like a river suddenly swollen by the collapse of an upstream dam, the ideological current becomes bloated by the public’s fear and apprehension of impending dangers and its heightened uncertainty about future developments. Bewildered people turn to th …

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The Gold Standard: The Case for Another Look — WSJ

– September 15, 2010

By SEAN FIELER AND JEFFREY BELL Washington’s elites are quietly preparing a post-election fiscal compromise that will fund much of President Barack Obama’s domestic spending agenda with huge tax increases. They aim to create a value-added tax and will …

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The German Miracle: Another Look

– September 10, 2010

Earlier this summer George Soros and some leading Keynesian economists criticized what they regarded as Germany’s overly strict fiscal discipline. Yet Germany’s real output expanded at a robust 9% annual rate in the second quarter, while the U.S. econo …

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“The Optimal Degree of Discretion in Monetary Policy”

– September 8, 2010

“How much discretion should the monetary authority have in setting its policy? This question is analyzed in an economy with an agreed-upon social welfare function that depends on the economy’s randomly fluctuating state. The monetary authority has priv …

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“Burry of ‘The Big Short’ Bets on Farmland, Gold After Profits on Subprime”

– September 7, 2010

“Gold is also a favored investment as central banks issue debt and devalue their currencies, he said. Governments haven’t adequately addressed the causes of the financial crisis and may be sowing the seeds for future problems by borrowing, he said. In …

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