Archive for November, 2010

“The Return of Stagflation”

“The Return of Stagflation”
“We are entering an era of high inflation, to judge by the massive growth of the money supply in the United States, Europe and Asia, and the stubbornness of central bankers who insist that high unemployment demands the creation of even more money. The last time the world went through a similar...
November 30th, 2010 | Future of Money, History of Money, Popular Articles, State of Money | Read More

“The Dance of the Dollar” – Steve Hanke

“The Dance of the Dollar” – Steve Hanke
“The dance of the dollar counts — and it counts a lot. With few exceptions, when the dollar weakens against the euro, commodity prices soar, and when the dollar soars against the euro, commodity prices plunge. Every commodity trader knows the importance of the dance of the dollar. Indeed,...
November 30th, 2010 | Future of Money, History of Money, Popular Articles, State of Money | Read More

A History of Money and Banking in the US – Murray Rothbard

A History of Money and Banking in the US – Murray Rothbard
“The master teacher of American economic history covers money and banking in the whole of American history, to show that the meltdown of our times is hardly the first. And guess what caused them in the past? Paper money, loose credit, reckless lending standards, government profligacy, and central...
November 30th, 2010 | Books, History of Money | Read More

“Public Still Feels Inflation’s Pinch” – WSJ

“Public Still Feels Inflation’s Pinch” – WSJ
“Of course, the inflation any individual faces almost surely differs from the government’s aggregate data. Outside of housing, middle-income consumers have experienced more inflation than other income groups over the past year, in part because they devote a relatively large share of their...
November 29th, 2010 | Popular Articles, State of Money | Read More

“Fed’s Move Doesn’t Impress Top CEO’s”

“Fed’s Move Doesn’t Impress Top CEO’s”
“The sudden increase in capital investments would create jobs and encourage economic growth, which would then make it possible to weather the interest rate hikes the Fed would inevitably adopt to keep inflation from getting out of hand. That’s the theory, but not many companies are buying...
November 29th, 2010 | Popular Articles, State of Money | Read More