Archive for 'Inflation' Category

U.S. to experience economic collapse similar to Argentina?

9 September 2009 by Christopher Suleske

Economists Charles Rowley of George Mason University (my alma mater) and Nathanael Smith of the Locke Institute have written a piece entitled “Adam Smith would not be optimistic in today’s economic world“. Edmund Conway summarizes it thusly:
Although the authors support the Federal Reserve’s moves to slash interest rates to just above zero and embark [...]

“You get rich by saving and investing”

9 September 2009 by Christopher Suleske

WRITES the sane (what passes for sage these days) Bill Bonner:
Two generations of American economists thought the way to bring prosperity was to encourage consumption. On the face of it, the idea is absurd. Classical economists…and Daily Reckoning commentators…laugh at the idea. You don’t really get rich by consuming; you get rich by saving and [...]

Excellent unadvertised counsel (the ideal sort)

1 July 2009 by Christopher Suleske

I am still processing this read. It’s an interview with Ray Dalio, a well-respected Chief Investment Officer with an excellent track record. More importantly, he pulled out nearly 10% gains last year because he’s been on the watchful end of our economic situation. He appears to know what he’s talking about and [...]

It’s over (perhaps).

22 October 2007 by Christopher Suleske

WHEN officials within the Federal Reserve Bank (a private institution, by the way) start saying things like

The Federal Reserve will continue to monitor developments in financial markets and act as needed to support the effective functioning of these markets and to foster sustainable economic growth and price stability,

well then, I believe they know they’re [...]