Category: Inflation
The Best Stock Investors: Dead People
Stocks are greatly overrated. You could have bought the whole Dow in 1928 for 10 ounces of gold. Then use those same 10 ounces to buy the Dow again in 2013.
The Challenge of Wage Growth
Unemployment is low in many parts of the developed world. Perhaps as low as it will go this cycle. The next thing on the economic agenda is wage growth.
You Pay a Hefty Price for Central Bankers’ Folly
How much do you think central bankers make? Go on, give me your best guess? Most of these people are rich before they ever enter the role.
Why Are Central Banks Now Buying Gold?
Central bankers usually add gold to their reserves to diversify, and to provide a hedge against inflation. According to Bloomberg, central banks now hold about a fifth of the gold ever mined.
Stagflation, Here We Come!
Stagflation is a concept that boggles the mind. It’s about high inflation, yet stagnant wages. What does it mean for the future of America?
How Will the Feds Get Out of This?
The US economy and the US government are both living on borrowed time. Blame it on tax cuts, rampant spending and rising inflation.
America’s Fake-Money Success Was an Accident
The American dollar is a success because we have a strong and stable system. But is it really? We go behind the myth, and what we find isn’t pretty.
Are You Better Off Now Than You Were 50 Years Ago?
How many hours of your time do things cost? The facts are astonishing…And they give credence to the millennial whinging about how baby boomers had it easier.
This Will Be Trump’s Real Legacy
The Republican Party used to be about small government and balanced budgets. But now, under Trump, it’s embraced disastrous debt and inflation.
Why Government Can’t Make America Great
The American founding fathers were sceptical of democracy. It was about giving power to the mob. Recent events have just proven that to be true.
Voting: America’s Favourite Hollow Ritual
Now that the dust has settled on the midterms, we see the Democrats in control of the House and Trump’s power diminished. But will anything actually change?
Americans Will Welcome the Tech-Fuelled Police State
They promised us that the digital economy would keep us safe and make us more prosperous. But what if it’s just a new form of enslavement?
What Americans Really Need Right Now
Americans generally believe that the economy under Trump is galloping along at a fantastic pace. Sadly, that’s not the truth.
Why the Information Revolution Failed
We live in the age of mobile devices and streaming content. We should be wiser and better informed. So why do we still lack common sense about the economy?
You’re Being Robbed: Inflation Is the Culprit
If we keep up the current rate of inflation, it will mean that the increasing price of goods could outstrip increases in wages.