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Inflation

Quick Speculative Thoughts About Future Trends

In reading the daily commentary of the American Institute for Economic Research for April 29, 2009, my speculative little crystal ball began to light up.  AIER is the only serious business cycle analyst group that points out reality, and reality is that contraction is everywhere in the stats, in spite of the recent “good news” in the stock market.  (Desperate exuberance, anyone?)

So let’s think it over.

Secession…an American Tradition

Texas Governor Rick Perry raised a few eyebrows recently when he used the “S” word in public. Secession, he said, was always an option on the political table as far as Texas was concerned.

WANTED: Examples From World History…

Just a random thought today…

I may be betraying my ignorance of history, but I’m willing to take that risk.

I am trying to find a situation in all of recorded history analogous to the present U.S. economic crisis, where a government has spent $ TRILLIONS of fiat money within a few months to “solve a problem” and hyper-inflation (or massive taxation) DID NOT occur as a result.

If anyone out there in cyberspace knows of an example, please post a comment.

Ron Paul: What if the American People Learn the Truth?

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What if we wake up one day and learn that the terrorist threat is a predictable consequence of our meddling in affairs of others and has nothing to do with us being free and prosperous?

Ron Paul Responds to Obama’s Inaugural Address

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In this video, Dr. Paul cuts to the chase by pointing out that Obama is really making an argument for more and bigger government, while attempting to camouflage it behind fanciful (perhaps one could say “Orwellian”) rhetoric.

Icelanders Storm Central Bank

Anti-government and bank rage reached a boiling point Monday in the small island nation of Iceland, where residents have seen unemployment and inflation skyrocket following the fall collapse of the Icelandic banking system. Iceland, a nation recently prided as a great example of the “Scandanavian Model” of a prosperous welfare system, has in a matter of months been transformed into the least politically and ecnomically stable nation in Europe. The International Herald Tribune reports below-

Peter Schiff on Glenn Beck Discussing Inflation & Martial Law

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Schiff points out that civil unrest is coming if the government continues to focus on the symptoms of inflation and not the solution.

Mises Institute Summit 2008 Review

The 2008 Mises Institute Supporters Summit

The GoScottRonld Standard Revisited

This past weekend was a chance for many of the Mises Institute’s supporters to get together, get familiar, and get updated on the Austrian tradition’s interpretation of recent events.  The focus of this weekend seminar was on the gold standard, and the increasingly desperate need for sound money in today’s fiat fiasco of an economy.  Speakers, local and international, delivered the message of monetary sanity to the supporters and students in attendance, as well as those who tuned in around the world via Mises.org.  Talks were given by many of today’s

The Inflation Boat Has Left The Dock

We recently learned that the Federal Reserve is going to put into practice its announced plan to buy US government debt. Yesterday’s Financial Times article by Krishna Guha gives the gory details.

Everyone knows that this action by the Fed increases money supply, and most are aware that it increases the probability that at some point in the future the amount of money created will be excessive with regard to the actual needs of the marketplace, which in turn will tend to lead us towards a state of price inflation, or bubble inflation. Another article by Javier Blas on the early signs of this in the commodities markets is a fun read on the subject.

Future Inflation: Taking Lessons From Those Who Know

inflation1

 

When I think of the potential for future inflation from the combined current actions of the Treasury and Federal Reserve, I need a little comic relief.

 

 

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