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China: Where Money Is Treated Best

Moreover Technologies - Commodities news - 30 of 21589 returned — Mon, 18 Apr 2011 22:00:25 +0000

“9% Unemployment Rate is a Statistical Lie” is a pretty catchy title, and being the kind of vicious little rat that I am, and who suspects treachery and betrayal at every turn, I naturally take a look at it to confirm my worst suspicions. The bad news is that it is, indeed, scary stuff! The [...]

China: Where Money Is Treated Best originally appeared in the Daily Reckoning. The Daily Reckoning recently featured articles on stagflation, best libertarian books, and QE2 .

Buying Gold on the Price Inflation Guarantee

Fri, 15 Apr 2011 22:00:45 +0000

At my age, I have pretty much figured out that people don’t like me because they fear me. I don’t know why, exactly, but perhaps they fear me because I am a cynical, paranoid, gold-bug old man who thinks that the Federal Reserve has turned into an evil institution by creating So Freaking Much Money [...]

Buying Gold on the Price Inflation Guarantee originally appeared in the Daily Reckoning. The Daily Reckoning recently featured articles on stagflation, best libertarian books, and QE2 .

Awaiting the “Zero Hour” of Available Credit

Thu, 14 Apr 2011 22:00:46 +0000

I watch expectantly as the national debt again nears the debt limit, and Zero Hour is just a few weeks away, a term I cleverly used to indicate that available credit will be zero. Maxed out. I let it go at that, as I am not inebriated enough to get up on my high horse [...]

Awaiting the “Zero Hour” of Available Credit originally appeared in the Daily Reckoning. The Daily Reckoning recently featured articles on stagflation, best libertarian books, and QE2 .

The Long and Short of Spending More Than You Make

Wed, 13 Apr 2011 22:00:06 +0000

Breakfast was a real drag, as the kids were whining more loudly than usual about money, and how they needed some money, and how they didn’t have any money, and how they were the only people they knew that were not dripping with cell phones and iPods and reader tablets and all that stuff, like [...]

The Long and Short of Spending More Than You Make originally appeared in the Daily Reckoning. The Daily Reckoning recently featured articles on stagflation, best libertarian books, and QE2 .

Living Well on Gold and Silver

Tue, 12 Apr 2011 22:00:55 +0000

Naturally, I bristle at people ignoring me except to say hurtful things, like, “Eww! Gross! Eat with your mouth closed!” and who then turn right around and say, “Shut up about buying gold and silver!” But how do I not eat and talk? Man, it has been said, cannot live on bread alone! Unless, of [...]

Living Well on Gold and Silver originally appeared in the Daily Reckoning. The Daily Reckoning recently featured articles on stagflation, best libertarian books, and QE2 .

Government Spending Screws the Little Guy

Mon, 11 Apr 2011 22:00:50 +0000

Joel Bowman, managing editor of The Daily Reckoning, is in Argentina, and it looks like he is discovering that the corruption that comes with creating more money, so that the government can stupidly spend it, is now everywhere, and, indeed, the ugly end result is everywhere, too. In his essay “The Unfortunate Sate of the [...]

Government Spending Screws the Little Guy originally appeared in the Daily Reckoning. The Daily Reckoning recently featured articles on stagflation, best libertarian books, and QE2 .

Stopping Inflation, the Federal Reserve Way

Fri, 08 Apr 2011 22:00:37 +0000

I was explaining to my boss that firing me would not solve the company’s problems, as the corporate rot goes a lot farther than that, mostly due to the stupid Human Resources department hiring so many morons, a dismal fact I have proved over the years by merely asking each one, in turn, “Do you [...]

Stopping Inflation, the Federal Reserve Way originally appeared in the Daily Reckoning. The Daily Reckoning recently featured articles on stagflation, best libertarian books, and QE2 .

A Few More Reasons for Gold-Backed Money

Thu, 07 Apr 2011 22:00:52 +0000

Charles Kedlac here at The Daily Reckoning asks, “What, then, should we make of 13th century theologian Thomas Aquinas’ claim ‘…one man cannot over-abound in external riches without another man lacking them’?” I’ll tell you what to make of it; Tommy boy didn’t know squat about economics, because if a rich guy wants a fancy [...]

A Few More Reasons for Gold-Backed Money originally appeared in the Daily Reckoning. The Daily Reckoning recently featured articles on stagflation, best libertarian books, and QE2 .

The True Meaning of the Word “Bailout”

Wed, 06 Apr 2011 22:00:14 +0000

It doesn’t take a raving cynic like me, rabidly spewing flecks of spittle while screaming in outrage, “We’re freaking doomed!” to realize that, regardless of what you have heard, the federal government will, indeed, bail the states out of their messes. In fact, it already has, and it will do more and more of it. [...]

The True Meaning of the Word “Bailout” originally appeared in the Daily Reckoning. Daily Reckoning founder Bill Bonner recently wrote articles on stagflation and introduced his new book Dice Have No Memory: Big Bets & Bad Economics From Paris to the Pampas.

The US Federal Reserve: A Rich History of Financial Folly

Tue, 05 Apr 2011 22:00:05 +0000

Ehow.com relates a piece of history in that “Since the creation of the Federal Reserve in 1913, the money supply had increased 240 percent from 1913 to 1920, because of a relaxed gold standard, and prices had risen by an identical amount.” Gaahhh! Prices rising 240%! In seven years, the money supply increased 240%, meaning [...]

The US Federal Reserve: A Rich History of Financial Folly originally appeared in the Daily Reckoning. Daily Reckoning founder Bill Bonner recently wrote articles on stagflation and introduced his new book Dice Have No Memory: Big Bets & Bad Economics From Paris to the Pampas.