Tag Archives: money

Supply Side Inflation

Posted on July 8, 2022 by john

Dear Friends, It seems to me, this bout of inflation is unlike others, in that instead of being led by demand growing to exceed supply, this one is being led by supply destruction, and being fought with the traditional means … Continue reading →

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Topical George Washington Quotes

Posted on June 1, 2022 by john

Dear Friends, It seems to me, George Washington’s quote, “Experience teaches us that it is much easier to prevent an enemy from posting themselves than it is to dislodge them after they have got possession…” is topical. Our enemy (the … Continue reading →

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Scandal and Tyranny Go Hand in Hand

Posted on July 12, 2012 by john

Dear Friends, It seems to me that capitalism is based on trust. Without trust markets close down and money becomes just a bunch of paper. Trust is the lubricant that allows our modern market system to function. It is built … Continue reading →

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Chimerica and the Global Economy

Posted on September 9, 2010 by john

Dear Friends, It seems to me that the Chimerica analogy is apt but misses a critical point. The Chimerica analogy is… That the growth we saw during the first decade of the 2000‘s was a result of China producing products, … Continue reading →

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