Conservatives were correct: we have record-breaking inflation! What’s next?

Summary: Today we look at inflation, past and present. It tells much about who to trust for economic analysis, the current state of the US economy, and what we can expect in the future. . Contents Introduction The inflation picture Implications Why has inflation fallen since 2011? Others see the rise in real rates For … Continue reading Conservatives were correct: we have record-breaking inflation! What’s next?

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The World of Wonders: Everybody Goes Nuts Together (part 2 about Monetary Magic)

Summary:  We live in an age of wonders, in which things unforeseen or even unimagined become daily fare for the news, or remain unremarked.  This is the 3rd chapter in this series, attempting to open your eyes to the amazing things taking place.  Today we have the second half of a guest post by Nathan … Continue reading The World of Wonders: Everybody Goes Nuts Together (part 2 about Monetary Magic)

What are the limitations of the Fed’s power? It’s neither impotent nor omnipotent!

Summary:  Although one of the most power agencies of the US government, obsessively discussed in the financial news, it remains one of the least well understood. Here we examine the limitations on its power.  Readers can decide for themselves if these limitations are too tight, or too loose. Next in a series about Central Banks, … Continue reading What are the limitations of the Fed’s power? It’s neither impotent nor omnipotent!

It’s the end of the world we’ve known since WWII (updated status report)

Summary:  This is an updated status report about the end of the post-WWII world.  The global recession has accelerated the transition, revealing the current order's weaknesses, and showing the people in the emerging nations that they have outgrown it.  The major nations continue to defend the current systems, a futile effort wasting time and resources … Continue reading It’s the end of the world we’ve known since WWII (updated status report)

Update on the inflation hysteria, the invisible monster about to devour us!

Summary:  The boomers lust for inflation.   Conservatives fan this fear for political gain.  The government hopes for gentle inflation to deleverage the US economy.  Evidence suggests that disappointment lies ahead for all.  Here we review the evidence. Most were too young, too poor, too inexperienced to get rich during the Great Inflation of the 1970's.  … Continue reading Update on the inflation hysteria, the invisible monster about to devour us!

Inciting fear of inflation in our minds for political gain (we are easily led)

Summary:  Americans today are easily led by fear, as our leaders well know.  Commies and Islamo-whatevers under the bed.  Global warming.   Alar on apples (see Wikipedia).  Repetition makes it so, the secret to successful propaganda.  Today we look at at a favorite of conservatives seeking political advantage:   inflation (scary even if imaginary).  See the links at the end … Continue reading Inciting fear of inflation in our minds for political gain (we are easily led)

More invisible signs of looming US inflation!

Summary:  The inflationista's are (again) hysterically sounding alarms about looming US inflation.  Or even hyperinflation.  Let's review the data.  Can we see serious inflation?  No.  These fears are to a large extent fanned by conservatives for political purposes.  Left and Right both see that Americans are most easily herded by fear, like sheep.  The more graphic, even … Continue reading More invisible signs of looming US inflation!