Category Archives: inflation

Oh, this will work: Argentina freezes prices to break inflation spiral Sounds like something Boulder Progressives would believe. Added… Commentary from Instapundit: This never works, but ignorant or dishonest politicians always try it.  Luckily, nothing like this could happen here. … Continue reading

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Wow, a hint of common sense at the Federal Reserve

Fed hawks worry about threat of inflation Only one’s a voting member and I feel fairly sure it will be quite a while until the worry becomes contagious.  Two top Federal Reserve policymakers expressed discomfort on Thursday with the U.S. … Continue reading

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Oh, this problem is much bigger than South Carolina

COLUMBIA Many South Carolina public colleges and universities are excessively expensive and have strayed too far from their core mission: educating students, according to a recent study by a Columbia-based think tank. Tuition is rising faster than household income in … Continue reading

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“How much more? Between 12-20% depending on what you purchase”

We’re talking a trip to the grocery store. Of course, I’m sure the government can fix that.

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Easy Money

And when interests rates rise, as they inevitably will, the interest on the National Debt will increase substantially.

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“….I can attest to the sea change in attitudes towards Barack Obama here.”

A response to an Instapundit post about government heading in the wrong direction. Here is a highlight regarding discussing food prices in the shopping line…. I thought maybe this was just a coincidence, so I’ve started the same conversation in … Continue reading

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Inflation is here….

Common sense trumps intellectual brilliance (or something like that). If Federal Reserve Chairman Ben Bernanke were a soccer mom shopping for corn flakes, he would probably have a different outlook on inflation in the United States of America today.

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Can you spell inflation?

Global Price Fears Mount I knew you could! Inflation fears—fueled by spiraling food, oil and raw material prices—are mounting around the globe, prompting the head of the European Central Bank to signal that it could raise interest rates in the … Continue reading

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China and Russia on Printing Dollars

GLOBAL ECONOMY-Obama returns fire after China slams Fed’s move China… “As a major reserve currency issuer, for the United States to launch a second round of quantitative easing at this time, we feel that it did not recognise its responsibility … Continue reading

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Silva gotta Fevah

Wowza!  I’m sure most of you are smarter than this, but don’t take investment advice from me! More at kitcosilver.com.

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Gold almost to $1150/oz

Gold made a run at $1150 in London trading today. More charts and information at kitco.com. If at first you don’t succeed…

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Debt is destroying the dollar

George Will comments. Here are a few choice quotes… America, says Lindsey, will not become Weimar Germany, where hyperinflation caused people to rush to stores with satchels of rapidly depreciating currency. But, he adds, no country has successfully behaved the … Continue reading

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Marc Faber: Boom, Gloom and Doom

Very interesting interview with Marc Faber, editor of the Boom, Gloom and Doom report out of Thailand. @ 4min 20″ “… the government is like a cancer in a society. It spreads and gets bigger and more powerful and reduces … Continue reading

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Gold going higher

So says Jim Rogers. He also plugs other commodities, especially agricultural. Added @ 15:53: Gold breaks $1100/oz, at least for a minute! Gold quotes.

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Gold moving higher

Wonder why? and the Mogambo Guru chimes in, in his own special way…. In case you were wondering, there is no way to stop spending a debt-based currency once you start, which handily explains why Doug Noland, in his Credit … Continue reading

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Wow!

Bill Kristol’s analysis of Obama’s press conference last night on, what else, Obamacare, includes this gem… Obama promised us health care this (that? ed) is at once better and cheaper, with both more regulation and more freedom to choose, featuring … Continue reading

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Government can do everything

As the citizenry relies more and more on the government, one must wonder if we can afford it. I say we cannot and this is why. For all you “it takes a village” folks, it’s time to add “it takes … Continue reading

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International finance

Idiocy continues when it comes to the finances of the United States. The Federal Reserve is puzzled by the steepening of the yield curve. This refers to the fact that longer term rates are increasing while short term rates remain … Continue reading

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Berkshire annual report – inflation

I received the 2008 Berkshire Hathaway annual report a few days ago in the mail. Yes, it has been available for some time, but only now have I had time to devote to reading it. During our plane flight and … Continue reading

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Inflation is coming, inflation is coming

Let the Mogambo Guru brighten up your day. Here’s a snippet of his wisdom as a teaser… And the world will certainly fall apart, just as my world always falls apart after long spells of excesses and heedless hedonism, although … Continue reading

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