Search completed
Just in case you were feeling chipper about the “economic recovery” being touted by the mainstream financial media, check out Porter Stansberry’s End of America video, where he makes a compelling case that inflation is already here, and hyperinflation, severe social unrest, and government imposed financial restrictions are just around the corner. He’s definitely a […]
Here’s a fantastic historical review of inflation by Columbia Business School Professor Frank Byrd. One of the best presentations about what really drives inflation. The whole preso is well worth a watch. The best part is around minute 19, where Byrd makes a key point – which is that the cost of capital has been […]
Thanks to good friend and fellow deflationist Carson for sending along the latest CPI numbers, which were released this morning. Inflation? Where? On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) declined 0.1 percent in April, the U.S. Bureau of Labor Statistics reported today. Take away food and energy, and the deflation […]
The “reflation” trade Just a standard retracement? The bear may be back! They Are Still “All the Same Markets” Like many of our astute readers, I was not impressed by the reflation trade. While the strength of the rally was indeed quite substantial, when you sum it up, it was a mirror image of the […]
Recent Comments