We have a lot of respect for our many American readers because many of them are long-time readers, friends, and family. We were born and raised in Colorado, lived on the East Coast (Baltimore and Washington DC) for ten years before moving to Europe (Paris and London) for three years, and now Australia for the last three years. It’s not Americans we’re upset with. It’s American politicians. We can’t tell you how many times in the last five years people asked us if we were Canadian…
August 15th, 2008 | Dan Denning | 7 comments | ContinuedAll Posts Tagged With: "central banks"
Inflation: Ron Paul Explains How We Got Into This Mess
Already price inflation overseas is even higher than here at home as a consequence of foreign central bank’s willingness to monetize our debt…
July 10th, 2008 | Bill Bonner | 8 comments | Continued
Central Banks are Free to Create as Much Inflation as They Want
In the current monetary system, however, the supply of money is not constant and the central banks of this world are free to create as much inflation (money-supply growth) as they want. There is a catch – the central banks can only do so as long as they can keep inflationary fears in check by constantly reminding the public of the threat of deflation.
May 21st, 2008 | Puru Saxena | 0 comments | Continued
The Real Economy Suffers - Either from Inflation…or from Misallocated Resources
We take it as a given, at this stage, that more lending from the Fed cannot actually improve the real economy. In fact, it makes it worse - propping up failing companies, increasing speculation, misallocating resources, and adding to debts that will have to be paid, one way or another…
March 17th, 2008 | Bill Bonner | 0 comments | Continued