Tag Archives: inflation

How Government Can Help the Economy

Dear Friends,   It seems to me, if a country wants a growing and dynamic economy, the most important thing a government can do is get out of the way of entrepreneurs. What ever government tries to help it actually … Continue reading

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Water No Longer Wets Us…

Dear Friends, It seems to me, our leaders want us to believe, that water no longer wets us and fire no longer burns. Taken from a line from the Rudyard Kipling poem, Gods of the Copybook Headings, it describes the … Continue reading

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The Destruction of Our Standard of Living.

  Dear Friends,   It seems to me, government policies are destroying the middle class in America, and unless the political elite are drooling idiots, the destruction is intentional. From the prices we pay for our needs, to the wage … Continue reading

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The Deflation Bugbear

Dear Friends,   It seems to me, when economists worry about deflation it is like a doctor worrying about a runny nose, they both are concentrating on a symptom, not the underlying disease. The consensus among economists is that deflation … Continue reading

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Janet Yellen’s Federal Reserve

Dear Friends,   It seems to me, Obama’s pick to head the Federal Reserve, Janet Yellen, will continue down the treacherous path Ben Bernanke has put the US and the World on. The huge amount of money printing will continue … Continue reading

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Monetary Policy and Economic Growth

Dear Friends, It seems to me that the US FED and the ECB, are not as much sowing the seeds of the next financial catastrophe, as they are planting, watering, and fertilizing them. Economists today have far too much confidence … Continue reading

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The Theory of Money

Dear Friends, It seems to me that Milton Friedman’s theory of inflation and money supply presupposes a frictionless plain. A frictionless plain in economics is absolute lasses fair economic conditions. Friedman was a great proponent of lasses fair economics. I … Continue reading

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