Contrarian analysis of the recession: economy, markets, stocks, Fed policy, quantitative easing, credit, debt, inflation, gold, oi..
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No inflation? Really? Have You Been to the Grocery Store Lately?
Your government would have you believe that prices — on the whole — declined for most of 2009, and have been increasing at only a snail’s pace since. The metric the government uses for determining this aggregate rate of change is th
Are We Now Entitled to Expensive Housing?
The United States is a nation full of spoiled brats. If we can’t have what we want, we borrow it. And if we can’t borrow it, we force politicians to give it to us. Case in point: the housing market. It has become popular — among the
The Fallacy of Paper Money
This is a great article from the Mises Institute today, regarding the failure of Iceland’s currency, why it happend, and how it will ultimately happen to all fiat currencies (including the almighty dollar). Here’s an excerpt: “As Ri
