Tag Archives: recession

The Theory of Value Sinkholes

Dear Friends, It seems to me, when a sinkhole opens up in a road, it is dangerous, but when a asset’s value collapses into a sinkhole, the economic results can be ruinous. Most of us are familiar with the idea … Continue reading

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Credit and Blame

Dear Friends, It seems to me, blame is the property of republicans and credit is the bailiwick of democrats, regardless of facts. A case in point, the democrats will never sign a deal with the republicans to avoid the fiscal … 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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Politicians Playing Games With Our Economy

Dear Friends, It seems to me that our economy is far too important to play games with. Economics is a powerful tool for the politician, to store up power and then to hold that power, making it a bauble too … 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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Why Are We In The Ditch Again?

Dear Friends, It seems to me, when a car goes into a ditch, to blame the car manufacturer, passengers, bystander or gas station, that changed the oil a few weeks ago, is ludicrous. Today, the unbiased media claim it is … Continue reading

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Our Upside Down World

Dear Friends, It seems to me that we are living in an upside down World. The Elite hold us to the highest standards while committing far worse crimes themselves. The unbiased media is complicit and the people of the World … Continue reading

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Wisconsin Recall Victory of Scott Walker

Dear Friends, It seems to me, the decisive win in Wisconsin of Scott Walker in his recall election, is the elephant in the room no one is talking about. While the unbiased media are downplaying the victory, (it was on … Continue reading

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Government’s War on Virtue

Dear Friends, It seems to me the governments of the World have declared war on retirees and savers. With World interest rates at or near zero the return on investment income is negative. This is a strong disincentive to save … Continue reading

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Politicizing of Our Energy

Dear Friends, It seems to me that our energy supply has become politicized to such an extent that our access to it is being jeopardized. Access to energy is of the utmost importance to us. Our entire system of not … Continue reading

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