A Long Way from Reaching Our Peak
Inspired, among others, by the typically apocalyptic, ecological maunderings of Jeremy Grantham (the renowned investor here providing us with classic evidence of the general…
Timo Soini: Why I Won’t Support More Bailouts
Timo Soini: Why I Won’t Support More Bailouts The above-linked article is an op-ed penned by the leader of the ‘True Finns’ party who…
Under Two Flags
The conduct of the Bank, in inflating the currency, produces a rise of prices. The prices of all commodities gradually rise; that begets what…
A Gedankenexperiment with Flour
Imagine a country where the average household routinely spends half its $100 income on buying in 4,000 calories a day of flour and half…
The Great Wave
Rather than pretending to a level of insight into the scale of Japan’s problems which neither we nor anyone else truly possesses at this…
If the cap fits …
As the ongoing rise in raw materials prices has been brought into sharper focus by the oil price spike occasioned by the Colonel’s little…
Tightening in China will be felt around the world
Even though the Chinese authorities made no bones about the fact that they had conveniently ‘rebased’ their latest CPI numbers in order to mitigate…
Inflationism unabated
In his recent Congressional testimony, our dangerous monetary Dr. Moreau was forthright in defence of his latest wild experiment in inflationism, saying that the…
The Oppenheimer Arbitrage
Recently, the always-interesting Dylan Grice at Soc Gen received some well deserved blog virality for his aphorism that to be ‘long commodities is to…
No more ‘Doctor NO’: Austrians as policy-makers
Much capital is made by the world’s predominant Collectivists of the supposed fact that the Austrians actively relish the bloodletting which they howl would…