Tag Archive: inflation
When it comes to inflation, people who are sympathetic to high government spending and big government in general are usually in denial. They’re usually the ones that believe the “official” inflation rate, and reject the idea that inflation is harmful. Most think inflation is good in “moderate” doses of 3-4%. This is pretty twisted considering inflation destroys [...]
Since most of my work is done via the Internet, I often stumble across some great resources and articles. I found enough today to warrent sharing them with readers. The first is a link to an awesome article on “Inflation Doublethink.” It’s an article by Simon Black over at SovereignMan.com. It’s a fantastic look at [...]
The inflation rate is one of the most confused and misunderstood topics. Most economists have absolutely no idea how inflation really impacts people, and typically oversimplify it in their overzealous attempt to make economics a question of simple math formulas. Here’s the lowdown on inflation: the real inflation rate is about 4-500% higher than what’s [...]
It’s no secret that I’m a huge fan of The Permanent Portfolio. I believe that you shouldn’t try to time the market — even the gold market. You should buy something to hold on to it forever. This includes gold, silver, stocks, real estate, and everything else. That’s why I’ve just launched a brand new website [...]
Those inquiring about the current national debt figure may be sorry they asked. The U.S. Debt Clock is ticking away, incrementing debt by the second, with the figure currently at $13.8 trillion. This equates to $44,398 per U.S. citizen and $125,034 per U.S. taxpayer. We would be hard-pressed to find many people willing to contribute [...]