…there is also more real inflation. Dr. J.’s felt it in his wallet, but he’s thought himself paranoid, more than anything else. But his grocery bills, price at the pump (21 gallons of regular for his Star Destroyer, and 12 …Continue reading →
As you know, one of the big economic fears is inflation. When public debt goes very high, inflation is very popular trick Democrats use to get Republicans elected President. Basically, you print up a whole bunch of dollar bills and …Continue reading →
Remember the Summer of 2010? It was the Obama Administration’s self-proclaimed “Summer of Recovery” that, well, wasn’t. In recent months the economy has ticked up a bit but I wouldn’t be holding your Summer 20102011 of Recovery party just yet. …Continue reading →
The Czar walked into the second floor men’s room at the Castle this morning and found ‘Puter sitting on the cold tile floor, in his underwear, staring at the floor drain while clutching a roll of Brawny paper towels in …Continue reading →
Dread and Awful Czar, Remember when you talked about Quantitative Easing? Well, the chickens have come home to roost. It appears that our friends in OPEC will not be lowering the price of oil just because we are not happy …Continue reading →
Brilliant post, Dread and Awful Czar! Naturally. But there is more: I do have an observation. Uh oh. I worry that the Obama White House has begun reading the Gormogons. The Quantitative Easing began as the Republicans have won the …Continue reading →
BG demands more information on quantitative easing, or so help him, he will stop attaching small orbital thrusters to the billions of ice chunks that compose Saturns rings. (By the way, not all of those chunks are ice. You will …Continue reading →
Usually when you hear a Latinate + Anglo-French compound noun, you can bet you are hearing a governmental euphemism: like collateral damage, affirmative action, or state capitalism. You can bet the guideline also applies to quantitative easing. All right, what …Continue reading →
…when the Weimar Republic tried to inflate its was out of its (brutal, to be sure) reparations, the Left keeps recommending it as an economic panacea. Look, judicious increases in the money supply are desirable and even necessary on occasion. …Continue reading →
Those who inflict it are thieves, and they turn everyone else into paranoid victims. Glad Dr. D. mentioned this: It is no coincidence that the Western leader most worried about a new bout of inflation is German chancellor Angela Merkel. …Continue reading →
If increased government spending with borrowed or newly created money is a “stimulus,” then the Weimar Republic should have been stimulated to unprecedented prosperity… —GorT’s imaginary grandfather, Thos. Sowell Confucius, Œc. Vol.Don’t ask impertinent questions like that jackass Adept Lu. …Continue reading →
Merkel speaks the truth: Angela Merkel, the German chancellor, turned the tables on her international critics on Wednesday by accusing the US and other governments of making “cheap money” a central tool of their economic management, thus planting the seeds …Continue reading →
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