For the past couple of years, I have been giving a speech at conferences titled Downsizing America. It discusses a fact of life: America’s economy is getting a little smaller. This “shrinkage” is likely to be a secular – as opposed to cyclical – set of changes.
March 25th, 2009 | The Daily Reckoning | 1 comment | ContinuedAll Posts Tagged With: "Paradox of Thrift"
The Path Towards Rampant Inflation
And unfortunately, each idea leads us down the same path. It is the path towards rampant inflation. Many times in recent months I have written to Money Morning subscribers about the threat of inflation (you can read some of those thoughts in the essay below). Each time we write about it we think “That’s all there is to write about, policy makers couldn’t possibly make things worse.”
March 11th, 2009 | Kris Sayce | 2 comments | Continued