deflation

Inflation

by on April 22, 2013

Lost in all the hyperventilation last week was news of our rate of inflation

There isn't any. Or, rather, what inflation we have is small [more…]

Euro Break-Up Beckons

by on November 24, 2011

It's a holiday here in the US so we can all sit back and watch the slow motion dance towards the break-up of the Euro [more…]

Fed Failure

by on April 29, 2011

Paul Krugman is apoplectic. He is right to be. He even has this nifty 'cloud' of the words used in Bernanke's speech and press conference [more…]

Watch Out For Hawks

by on April 15, 2011

Todays' release of the March inflation figures is sure to get the hawks out in force. So duck for cover. What one media outlet refers [more…]

Fact Based Thoughts

by on February 24, 2011

For all you worriers out there, and I know there's quite a few, calm down. It helps to keep the facts in front of you [more…]

Decent Numbers

by on January 14, 2011

The end of the week brought a flurry of economic reports, none were surprising and all were supportive of the notion that economic growth is [more…]

Obama: WTF?

by on November 29, 2010

OK. I am sorry for the expletive. But really.

First we read Obama is wondering out aloud whether our high unemployment is structural and thus [more…]

What Inflation?

by on November 17, 2010

If there is one economic factor that the experts on Wall Street have consistently been wrong about, it is inflation. Ever since the great intervention [more…]

The Dark Ages Are Back

by on November 16, 2010

Here we go. The Dark Ages are upon us. I realize that post modernists have a hard time with the concept of the Dark Ages, [more…]

Bernanke Takes a Beating

by on November 15, 2010

Poor old Ben, I feel bad for him. Today's Wall Street Journal carries an open letter from a long list of right wing leaning economists [more…]