Tag Archives: inflation
King Dollar, Gold and Globalization
Our economy faces vexing problems today regarding the value of the dollar compared to the other world currencies and its effect on our own economy. We’ve been off the gold standard now for decades and the lack of a linchpin … Continue reading
Filed under business, Economics, government, history, Politics
Money, Money, Everywhere
You have certainly heard the references to Bernacke over the last couple of years as “helicopter Ben” because of the allusion that he would simply fly over America and dump money out of a helicopter to stimulate the economy. Of course we … Continue reading
Filed under business, Economics, government, Politics
U S Credit Rating or Does the U S Rate?
Well, we finally got the news that Moodys has given the US a triple A rating for its debt obligation. This is primarily the Treasury notes and bills. Certainly since WWII the US has been the premier economy in the … Continue reading
Filed under business, Economics, Foreign Affairs, government
Old Bad Remedies Are Still Bad Ones
We are faced with difficulty at the moment in our economic and financial affairs. Many refer to it as a crisis. I suppose that is in the eyes of the beholder. But a faltering economy is a fact whatever its … Continue reading
Filed under Economics, Foreign Affairs, government, history
Will Bull Market Endure?
It is so unusual to have financial and economic news dominate the headlines the way they have for the last several months. Under normal conditions there might be a headline or two each month about such matters but usually they … Continue reading
Filed under Economics, government, history, Politics
The Printing Press and Debt
Of late we hear many politicians of both parties talking about running up debts that will be a insurmountable burden on our children and grandchildren. This is certainly appropriate given the scope and size of the proposed budget of the … Continue reading
Filed under Economics, Foreign Affairs, government
Debtor’s Prison for a Nation?
The amount of the debt we are accumulating and proposing to accumulate has become more than worrisome. In the olden days we had debtors’ prisons for those who couldn’t satisfy their debt obligations. Newgate prison in London was one of … Continue reading
Filed under Economics, government, history
Overstimulating the Bailing
The headlines are filled everyday with another bailout or stimulus discussion or proposal. It is really beginning to be hard to keep them straight even for someone like me who does try to stay abreast of these matters. The array … Continue reading
Filed under Economics, government
Piper paid for bailouts?
The bailout monies continue to grow and the list of beggars at the Feds’ door also is mushrooming with each passing day. Even more states and local governments are now saying they deserve some bailout help. The numbers have become … Continue reading
Echos of the Past
The Good Book teaches there is nothing new under the Sun. Is that true? Some are concerned about our current economic circumstances and act like we have never faced anything like this before. We, referring not just to the United … Continue reading
