‘Groundhog Day’ or ‘How To Start A Depression’
If you are going to buy worthless banks then it makes sense to use worthless money to do it. —Posting on The Daily Telegraph website in response to story “Bank of England hits the panic button‟....
View ArticleThe Daily Capitalist And Jim Rogers
Speaking of e-mail exchanges with famous people, some of you may recall my exchanges with the Financial Times’s Martin Wolf. In a never ending attempt to reach out to the rich and famous, I recently...
View ArticleDavid Stockman Interview, Part 1
This is a recent interview with the Daily Capitalist’s David Stockman. He discusses a wide range of topics including the Obama jobs bill. He gives an interesting, and correct, view of the history of...
View ArticleRon Paul: Blame The Fed For The Financial Crisis
This was an opinion piece by Ron Paul that appeared in the Wall Street Journal on October 20, 2011 To know what is wrong with the Federal Reserve, one must first understand the nature of money. Money...
View ArticleWinners And Losers: The New Economy
There was a wonderful article in the Wall Street Journal this weekend on the ultra (über, hyper, 1%) rich. The article (“The Wild Ride of the 1%“) discusses the volatility of wealth of the top 1%...
View ArticleWorst Headline Of The Day
Spenders Become Savers, Hurting Recovery American consumers’ long-running love affair with debt is on the rocks. And as they repent for their credit-driven Bacchanalia, the foundering U.S. economy is...
View ArticleThe Conference Board’s Guess: Soft Economy Ahead
The Conference Board’s Leading Economic Index for September printed in positive numbers for the fifth consecutive month increase, in September, but the report says: The weaknesses among the leading...
View ArticleQ3 GDP Is A Head Fake
The news on the latest GDP report said “recession fears recede.” Now, a few days later, it’s “red flags.” So which is it? I think it is still “red flags.” But then we have most of mainstream...
View ArticleThe Daily Capitalist Goes To The Mises Institute
I will be attending the Austrian Scholars Conference this week at the Mises Institute in Auburn, Alabama. The Institute is affiliated with Auburn University although it is a separate entity. This is an...
View ArticleOur Malinvestment In President Obama Will Bring Painful Consequences
The choice for the status quo made in last week’s presidential election was an uninformed one—at no fault of the voters—made in the fog of monetary distortion and Federal Reserve Chairman Ben...
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