Tag: inflation

How Much Should Gold Sell For?


J.P. Morgan is reputed to have said, “A thing is worth what it will fetch.”  That seems objective.  Nonetheless, there are two fundamental premises that underlie the statement. Those premises may alter the statement’s “meaning” for you. “What it will fetch” is a synonym… Continue Reading “How Much Should Gold Sell For?”

US Federal Debt Is Unchanged From 1970


Say What!!!??? The current US federal debt is somewhat north of 16.3 trillion dollars. In 1970, the debt was 370 billion dollars. That is hardly the same. It is 44 times greater. If you look only at the number. Upon examination of context, we… Continue Reading “US Federal Debt Is Unchanged From 1970”

Sound As A Dollar


Inflation happens when more money chases the same or fewer goods. For the past three years governments have injected a great deal of money into the economy. The goods and service side has not changed as much, yet there has been no significant inflation.… Continue Reading “Sound As A Dollar”

Am I Paranoid Enough?


“The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.” Alexis de Tocqueville It appears that this discovery has been made. The only question left is “How will the American Republic cease to endure?”… Continue Reading “Am I Paranoid Enough?”

Interesting Times


There is a Chinese curse that goes, “May you live in interesting times.” A sister-in-law has told me that there is a worse one, “May you have interesting children.” I think the first will suffice for today. You should read “The Postcatastrophe Economy: Rebuilding… Continue Reading “Interesting Times”

Where Is The Inflation?


Will printing money work? Certainly, there are governments and economists advocating that as way back to prosperity. In the United States, a great deal of money has been printed in the last three and and a half years.  So why is there no obvious… Continue Reading “Where Is The Inflation?”

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