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Inflation
Columnist Mary O’Grady on a new report that shows inflation exceeds 8% on the American Institute for Economic Research ‘everyday price index.’ Continue reading
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Paul de Sousa, EVP, Bullion Management Group Inc. was interviewed by Media Planet for a special Precious Metals investing pull out section in the National Post. Continue reading
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by Eric Townsend
Through its misguided policies, the US has been exporting inflation to the rest of the world, raising prices all over the globe. The US is not experiencing inflation yet, because of… Continue reading
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Could it possibly be true that a swath of people in China’s big cities is downwardly mobile, if one compared wages with living expenses? Continue reading
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Pain and Misery index, a measure of unemployment plus inflation is the highest ever, particularly if U6 unemployment, the broadest indicator and true inflation is taken into account. Continue reading
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Chancellor Angela Merkel of Germany has a message for those who fear a breakup of the Eurozone: It won’t happen. But some banks are not so sure, especially as the sovereign debt crisis threatened Germany itself last week, when investors began to question the nation’s stature as Europe’s main pillar of stability. Continue reading
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During America’s Great Depression, “We had two leaders and complicit Congresses in the 1930s that acted like proverbial bulls in the china shop,” writes Sutton. “We had a central bank that was managing things for the benefit of those who own it, and what was even worse—we had a country that was very literally demanding all of the above… does any of this sound familiar?” Continue reading
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Europe has yet to come up with a plan to stem the sovereign debt crisis, and the world is anticipating an impending financial meltdown that could be worse than that of 2008. It appears EU members are having a hard time agreeing on a strategy that will likely combine bank failures, steep haircuts in sovereign debt and money printing. Continue reading
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Sir Mervyn King was speaking after the decision by the Bank’s Monetary Policy Committee to put £75billion of newly created money into the economy in a desperate effort to stave off a new credit crisis and a UK recession. Continue reading
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Bernanke to extend September 20th Fed meeting from one day to two to allow for a further discussions on how they can jumpstart the stalled economy. Continue reading
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A tongue and cheek look at paying of the US budget deficit by taxing everything. Continue reading
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Inflation and expected inflation are arguably the major determinants of interest rates. If the bond market seems to react to signs of growth, as it often does, that is because the bond market—and the Fed—continue to think that growth and inflation are linked: more growth increases inflation risk, while less growth reduces it. Continue reading
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In spite of constant reporting on debts and deficits, most don’t believe the US dollar will collapse. But history tells us that no fiat currency has lasted forever. Eventually, they all fail. Continue reading
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The International Monetary Fund says debt-ridden countries are “playing with fire” unless debt is reduced. Continue reading
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As Ben Bernanke admits that the Fed doesn’t have a precise read on why a slower pace of growth is persisting and thinks that perhaps some of the headwinds such as weakness in financial sector are more persistent than they first thought, Fox Business’s Gerri Willis asks Peter Schiff how is it the head of the Fed doesn’t know why the economy is slowing down. Continue reading
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