The Investor’s Dilemma
The performance in the stock market year-to-date has been unusually strong, especially so given the weak economic conditions of the country and the world. Financial…
Inflation
Federal Reserve Policy Ensures Inflation
The Federal Reserve is the enabler of Federal government’s profligacy. It plays this role by monetizing the debt, i.e., purchasing Treasury bonds that otherwise could…
What Inflation?
Economists have frequently used the Big Mac Index to compare prices in different countries as a marker regarding exchange rates. It is nearly the perfect…
An Inevitable, Unhappy Ending
Tim Price offers some important observations in this article: Credit expansion, wrote the great Austrian economist Ludwig von Mises, is not a nostrum to make…
Inflation Is Political Cowardice and Chicanery
It is no secret that politicians prefer inflation over tax increases. Zerohedge explains why: If the authorities raise taxes explicitly and openly, voters know exactly…
Inflation Is Theft and Fraud
Inflation, in a fiat currency world, is inevitable. It is not an economic inevitability but a political one. Politicians like to spend money and buy…