Tag Archives: inflation

Why Are Stocks And Real Estate Rising In A Tepid Economy?

Economic value is a political illusion often enough and particularly now. How for instance, is it that when the median household income declines, the percentages of workers with jobs declines, the middle class shrinks, the more rewarding jobs are exported … Continue reading

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GLEANINGS FROM THE PASSING SCENE … (Politically Uncorrected)

Your weekly selection: Austria rejected a turn to the right, electing a former green leader as its president. Trump is targeting another Indiana plant over its planned move to Mexico? (Report)  (How many can the taxpayers afford to bribe in … Continue reading

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Central Bank Snake Oil Persists …

 Central banks keep trying stimulus strategies that don’t work. Of course variations on government spending of money extracted from the economy cannot stimulate said economy. Government creates no wealth; it is the ultimate consumer of wealth. Government cannot stimulate an … Continue reading

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A Life Story:A 1937 Chevrolet and $750

We once knew a man who bought a brand new 1937 Chevrolet coupe from his local dealer for $750. That was the going price then. If he had wanted to spend say, $7,500 he could have acquired ten of them. … Continue reading

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A Word (And Some Gold Doubloons) To The Wise …

As more and more writers warn of the impending world financial collapse, what lies beyond that we will profit by considering? Even the Pollyannas selling our present ‘recovery’ seem strained these day, as though they might not believe in their … Continue reading

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Funding Secure Retirement (With Government Promises)

The coming retirement crisis is aging news but even more real than workers seem to appreciate. It is of course, a creation of government. You are welcome to disagree on that, but be prepared with facts rather than fancies, please. We’re … Continue reading

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Your Choice: Inflation/Deflation: Pick One! (Our Leaders Already Have?)

Our leaders approve of chronic inflation as a benefit, which is why our father bought his new Chevrolet for $750 in 1937 and you can’t do likewise today. There are other reasons as well of course, but that’s the primary … Continue reading

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