How to Make a 979.2% Return in 43 Years… Embrace inflation, that’s how. In some newer dictionaries the term “Inflation” is beginning to be revised as a phenomenon of rising prices. But I prefer the traditional meaning where “Inflation is the Increase in the money supply”. I’m sad to say, the Keynesian economists and other money printers are in effect encouraging this change of the financial lexicon. If you read from the RBA’s mission statement you’ll read the expression “targeted inflation.”
May 25th, 2009 | Mark Thompson | 3 comments | ContinuedAll Posts Tagged With: "Keynesian economists"
The Dollar’s Last Days
Last week, a decimal point seemed to move to the left. A UN advisory panel had suggested that maybe it was time to figure it out a better way to run the world’s monetary system. Better, that is, than using the U.S. dollar as the reference currency for the whole world.
March 31st, 2009 | Bill Bonner | 6 comments | Continued
