Is hyperinflation coming? If so, when will it start and how bad will it be?
In the United States, the Federal Reserve has been “printing” a lot of dollars. This would normally lead to inflation, but that hasn’t happened just yet. There are a number of reasons why we’re not seeing inflation, and these same reasons [...]
Archive of posts filed under the Uncategorized category.
Hyperinflation: 2011, 2012 or …?
A school experiment – Kids book ideas
Just helping a friend with an experiment. It’s kind of a combination of writing and internet stuff, including search engine optimization and social media.
Click the following link if you’re interested in Kids Book Ideas.
Ron Paul: Misleading Media Analysis
Ron Paul continues to face media bias. A common theme is that there’s always some reason why he isn’t a serious candidate. Here’s an analysis of two common media myths about Ron Paul, and why they’re wrong:
1. Ron Paul is not electable (MSNBC)
Or as a UPI article put it: Gingrich is more electable than other [...]
The False Allure of Herman Cain
Herman Cain is certainly making a splash in the GOP presidential race. The reason is obvious.
He stands out in contrast to the Perry/Romney duo because he is strong, charismatic speaker. Mitt Romney could market himself as a medication for insomnia, while Rick Perry is a poster child for education.
Cain is obviously intelligent and he delivers [...]
Banks, the Financial Crisis, and the 3 Little Pigs
I was thinking this morning about how to explain banks and the financial crisis to my kids. And the 3 little pigs story popped into my head. Warning: This is a gross oversimplification and not meant to reflect actual banking history.
In contrast to the pigs, we start with a bank as a house of bricks. [...]
Answering Roger Stone
It is unfortunate that politics attracts people like Roger Stone. They can never compete with good people in an open, honest and decent discussion of the issues. Because of that, they try to drive out the good people by attacking us. Mr. Stone’s continued attacks on me are false and clearly intended to cause personal [...]
Spending $1.6 Billion on a Building?
I don’t post that often, but this particular news really fits with the Stop Wasting Money purpose of this blog.
The US State Department is working on a new embassy in London. It will reportedly cost £1 Billion. That’s one billion pounds (British currency), or $1.6 Billion in US currency at current exchange rates.
If one were [...]
Debt Ceiling Nonsense: Debt, Debt and More Debt
It’s frustrating when one of my favorite publications supports increasing government debt. This week The Economist blows it.
In the early days of the economic crisis the West’s leaders did a reasonable job of clearing up a mess that was only partly of their making.
The bailouts were a failure and dramatically increased government debt. How was [...]
More Obama spin on the debt deal
The spin doctoring continues on the new debt deal. Click the following link for the transcript of President Obama’s statement from July 31st. And see here for critique of two recent Obama speeches.
The spin starts early:
“The first part of this agreement will cut about $1 trillion in spending over the next 10 years — cuts [...]
President Obama’s Spin on the Debt Limit
President Obama keeps spinning the debt “crisis”. I’m disappointed the media does not call out his mischaracterizations.
He spoke this morning and there are so many examples. [Update - Here's the transcript]
He said that losing our AAA rating would increase interest rates and that would be a tax increase. No Mr. President, an increase in interest [...]
