Monty Pelerin's World

The Dollar is doomed. So too are most other fiat currencies. It is the nature of fiat currencies and the nature of governments throughout history. All countries have abused their [...]

Image via Wikipedia “Monetary Crank” was a derogatory term used in the past to refer to crazy monetary theories and/or schemes. Its use has fallen out of favor, yet its [...]

These three articles are must reading for anyone interested in the future of the economy.  No investor or citizen should be ignorant of the possibilities raised in these articles. Ponzi [...]

One of the better economic analysts is John Williams at Shadowstats.com. When he speaks, one should listen carefully. He has just done so: The U.S. economic and systemic solvency crises [...]

David Malpass has written an outstanding article in the Wall Street Journal. He details how the Fed’s low interest rate policy is adversely affecting capital allocation, creating what the Austrian [...]

Frank Capra’s George Bailey of Bailey Savings and Loan would surely not recognize our banking system or its accounting. However, Mr. Potter, George’s evil competitor, would probably be right at [...]

The Fed has reached the point where there are two choices — Allow the government to shut down or allow itself to be the Treasury’s ATM machine. Inflation is, as [...]

Rolfe Winkler posts on gold and states: “Gold is surging because investors see that the Federal Reserve — more concerned with deflation and unemployment than sound money — may be [...]

Image via Wikipedia Image via Wikipedia I posted a video on the Federal Reserve here and recommended that anyone with an interest in understanding our economic situation watch it. I [...]

Image via Wikipedia Zimbabwe’s hyperinflation is legendary. To the right is a 100,000,000 note (currency). Their problem was unsustainable debt that the government tried to depreciate via the printing presses. [...]

Image via Wikipedia Rosenberg in favor of gold and Treasuries (but Treasuries only near-term). Breakfast with Dave Read full article (PDF 435KB) November 5, 2009 QUICK TAKE ON THE FED [...]

Image by wallyg via Flickr Doug Noland’s latest post regarding “The Newest Abnormal” tracks many of the past buzzwords applied to the economy. Past terminology applied to economics and markets [...]