Submitted by The Capital Spectator
Several astute observers of the financial scene have noticed recently that the yield on the 10-year inflation-indexed Treasury bond (a.k.a. the 10-year TIPS) has fallen to levels that look distinctly unattractive. Of course, one might ask: Unattractive compared to what?
There’s no doubt that the 10-year TIPS yield has fallen sharply in […]

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Submitted by CARPE DIEM
“The Black Book of Communism: Crimes, Terror, Repression” documents communist crimes against humanity, but also crimes against national and universal culture, from Stalin’s destruction of hundreds of churches in Moscow to Ceausescu’s leveling of the historic heart of Bucharest to the widescale devastation visited on Chinese culture by Mao’s Red Guards.
As the […]

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Submitted by CARPE DIEM
Stagflation update: the chart above compares the growth of the monetary base during the peak of the stagflation period of the 1970s (the 85 month period from December 1974 to December of 1981) to the growth of the monteary base over the last 85 months, from January 2001 to January 2008. (The […]

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Submitted by CARPE DIEM
As an update to this CD post on stagflation using M1 money supply, the chart above compares the growth of M2 during the peak of the stagflation period of the 1970s (the 85 month period from December 1974 to December of 1981) to the growth of M2 over the last 85 months, […]

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Submitted by CARPE DIEM

The topic of stagflation was discussed tonight on CNBC’s “Kudlow and Company,” and guest John Browne, former member of British Parliament and ultra-stagflationist, argued that we are facing a “far, far worse situation than the 1970s,” and further predicted that we are “facing a massive recession.”

Larry Kudlow disagreed, and said “Stagflation […]

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Submitted by Econbrowser
Five weeks ago I asked, Will inflation fears restrain the Fed?, and my answer was that they would not. Certainly inflation fears did not prevent the Fed from lowering its target for the fed funds rate by 125 basis points since I offered that assessment. But I believe that this week’s data will […]

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Submitted by A Dash of Insight
One of our favorite daily reads is The Kirk Report.  Charles Kirk shares his success, listens to his readers, and provides long lists of links that find articles often missed by others.  For the full benefit, readers should make the requested donation and become members.  You’ll probably recover your cost […]

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