Valuation Fallacies
byBy Jeffrey P. Snider Everyone knows about lies, damned lies, and statistics. The quote has been attached to Mark Twain who apparently attributed to…
Economics
Mental men prefer bonds
by“In a time of universal deceit, telling the truth is a revolutionary act.” George Orwell. Japan got there first. 15 years ago, we…
The Monetary Policy Trilemma in light of a Choice of Monies
byOne of the key theoretical and policy obstacles to overcome when trying to enable a genuine choice of monies amongst agents (through enabling them…
The pump and dump of UK residential property
byMessrs Carney and Osborne are turning out to be a dangerous double-act for UK residential property investors. They have been using monetary and fiscal…
Hamilton’s Curse (reprised)
byThe following article is (after very light editing) something your author wrote early in October of 2008, when the padlocks on the Lehman office building…
Head of the Snake – The Poisonous Gap Between Paper Wealth and Real Wealth
byBy John P. Hussman, Ph.D. “Understand that securities are not net economic wealth. They are a claim of one party in the economy – by…
Off Target
byMoney, generally accepted medium of exchange, acts as a veil that confuse and blurs economic relations. This is especially true when it comes to…
Positively Natural – Pt IV
byTOMORROW, AND TOMORROW, AND TOMORROW So, one last time, let us lay out the argument developed above in the hope of eliminating all obscurity,…
Positively Natural – Pt III
byNO REMEDY IN THIS CONSUMPTION OF THE PURSE But the sort of reasoning we developed in the last of this series is alien to…
Positively Natural – Pt II
byTHE NET THAT SHALL ENMESH THEM ALL Now, the foregoing may be all well and good, but it is also the case that any…