Tag Archives: inflation

Matt Yglesias’s Very Bad, No Good Idea for Perpetual Government Bonds

Matt Yglesias in Slate – Don’t Repay the National Debt – It’s time to revive a British financial innovation from the 18th century: perpetual bonds. In 1752, Prime Minister Henry Pelham converted the entire outstanding stock of British debt into … Continue reading

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US Debt to GDP Passes 101%

Zero Hedge – As US Debt To GDP Passes 101%, The Global Debt Ponzi Enters Its Final Stages Most people still think of China as buying our debt, but China is unloading U.S. debt. The biggest buyer of U.S. debt … Continue reading

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Zimbabwe saying you have a printing problem …

is like Charlie Sheen saying you have a drinking problem: Topping off a weekend of surreal news is the announcement from the Central Bank of Zimbabwe that the country is now evaluating introducing a gold-backed Zimbabwean dollar, and, in keeping … Continue reading

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Newsweek Notices Inflation, Shadowstats.com

Newsweek – The Great Inflation of the 2010s: And the reason the CPI is losing credibility is that, as economist John Williams [of Shawdowstats.com] tirelessly points out, it’s a bogus index. The way inflation is calculated by the Bureau of … Continue reading

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Is the Fed Buying Puts on US Treasuries?

Seeking Alpha – Is This What Hyperinflation Looks Like From the Inside?: Some have speculated that the Federal Reserve is writing (selling) puts on Treasuries to keep rates low. As Frederick Sheehan notes, “the Fed-sponsored put option is the logical … Continue reading

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Gold at $1,563; Silver Breaks $48, $49, $50; Dollar Down to $73

Silver climbed as high as $50 before closing the week at $47.94. A couple things happened to drive down the silver price. Tuesday was options expiration, so the price was beaten down by shorts. Second, the CME raised margin requirements … Continue reading

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FOFOA on Hyperinflation, Deflation, Gold, Real Estate

I’ve read FOFOA (Friend of Friend of Another) the past few years. I’ve occasionally liked things he’s written, but I’ve often come away confused by his writings. I’m not sure if that’s because he’s unclear in his writing, or if … Continue reading

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Money Supply Inflated. Telemarketers Hardest Hit.

Random Nuclear Strikes – Spooky Inflation: I don’t watch much TV. I happened to have CNBC on just now to check the commodities and stock tickers, and found myself watching an ad for SunSetter Retractable Awnings. (You know, the one … Continue reading

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Mainstream Media Taking Notice of Inflation, Shadowstats.com

Fast Money via CNBC – Inflation Actually Near 10% Using Older Measure: After former Federal Reserve Chairman Paul Volcker was appointed in 1979, the consumer price index surged into the double digits, causing the now revered Fed Chief to double … Continue reading

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U.S. Money Supply Gone Wild

“Inflation is always and everywhere a monetary phenomenon.” – Milton Friedman If uncle Milty is right, we’re in trouble. From the St. Louis Federal Reserve via Zero Hedge: UPDATE: In comments, Douglas notes that the chart above doesn’t show the … Continue reading

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Printing money to pay for unsustainable spending is bad, mkay?

Business Insider – 10 Hyperinflation Horror Stories Of The 20th Century: Yugoslavia (1989 – 1994) – “At its worst the bank was printing dinars denominations as high as 500 billion.” China (1948 – 1949) – “China’s Yuan Dynasty funded its … Continue reading

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Iran accumulating gold, which is odd since you can’t eat it

Secret Iran Gold Holdings Leaked: Tehran Holds Same Amount Of Gold As United Kingdom, And Is Buying More: “Market observers believe Tehran has been one of the biggest buyers of bullion over the past decade after China, Russia and India, … Continue reading

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Don’t laugh. The U.S. is next.

UK Surpasses Zimbabwe In Annual Inflation

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And here I’ve been worried about inflation

Obama: “We’re not seeing a broad-based inflation trend.” I guess inflation hasn’t reached the arugula market.

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