Mid-Year Review
We have reached the midyear point of 2022, and bullish investors are not happy. The bears, on the other hand, are doing just fine. The question on everyone’s mind is,…
Mark’s Interview w/ 10 Minute Stock Trader
On Friday, Feb 15, Mark spent some time with Christopher Uhl of 10MinuteStockTrader to discuss the relationship between equity valuation, inflation, and interest rates.
Government is Everywhere and Always the Cause of Inflation
The government is the sole cause of inflation. They print money and this causes inflation. They stand in the way of production and this lowers the supply of goods and…
The Enigma that is Gold (GLD & SLV)
Price inflation is on the rise, and anyone who understands monetary theory knows why. Monetary inflations. This article is for paid members - please login or subscribe for access. Username…
Its Fed Day
The Federal Reserve Open Market Committee will finish up with one of the eight meetings it has each year. Pendants are talking about what the Ded might or might not…
The World has Changed
We have been talking about bond prices and price inflation for quite a while. We have argued that the printing of massive amounts of money, shutting down production, and passing…
Inflation: Its Effects and Failures or Why the Fed Always Inflates and Inflates More
Ludwig von Mises Inflationism is that policy which by increasing the quantity of money or credit seeks to raise money prices and money wages or seeks to counteract a decline…
The Fed’s Balance Sheet: The Other Exponential Curve
As the threat of COVID-19 keeps millions of Americans locked down at home, businesses and financial markets are suffering. For example, a survey of small-business owners found that 51% did not…
Everything You Wanted to Know About Inflation but Afraid to Ask
If the supply of caviar were as plentiful as the supply of potatoes, the price of caviar — that is, the exchange ratio between caviar and money or caviar and…
Price Stability Is Overrated
We think inflation targeting a Keyensian form of price stability is poor economic policy for a number if reasons. (1) Price inflation results from our savings being worth less over…