In my opinion, the crisis and the sharp recession of the past two years and the subsequent rescue packages around the globe did not provide the necessary catharsis that recessions need to bring to economies. ~ George Athanassakos Update: This article was selected for the Best of Money Carnival #73 posted at Redeeming Riches. Thanks!… Continue Reading
Tag Archives: deflation
Are You Ready for Biflation?
There’s an alternative. There’s always a third way, and it’s not a combination of the other two ways. It’s a different way. ~David Carradine Update: This article was included in the Carnival of Financial Planning #159 posted at The Skilled Investor. Thanks! When I last wrote about inflation vs. deflation, I was trying to figure… Continue Reading
Will the Fed Save the Day?
Numbing the pain for a while will make it worse when you finally feel it. ~Albus Dumbledore, Harry Potter and the Goblet of Fire Is the Federal Reserve a hero or a villain? You can find plenty of Nobel Laureates, pundits, and civilians like myself on either side of that debate. Nassim Taleb, author of… Continue Reading
The Periodic Table of Deflation: How Many Elements Do You See?
When the elements of deflation combine in the right order, the central bank can print a boatload of money without bringing about inflation. And we may now be watching that combination come about. ~ John Mauldin Update: This article was featured in the Canadian Personal Finance & Investing Carnival posted at Investing Thesis. Thank you!… Continue Reading
Cash: Is It Trash or King?
A nickel ain’t worth a dime anymore. ~ Yogi Berra Update: This article was chosen for the Best of Money Carnival, #Sexty-Two at Budgets Are Sexy. Thanks! It was also included in the first ever Carnival of Wealth posted at Personal Dividends. Thank you! When we looked at the current pros and cons of investing… Continue Reading
Interest Rates: 2010 Mid-Year Review
It’s better to stir up a question without deciding it, than to decide it without stirring it up. ~ Joseph Joubert Update: This article was included in the Carnival of Financial Planning #150 posted at Military Finance. Thank you! I’m going to try to raise some of the key issues that might affect interest rates… Continue Reading
Inflation or Deflation: Which Is It?
Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair. ~ Sam Ewing Will we have inflation or deflation? This is probably the most important question facing investors right now. There are plenty of smart people who argue convincingly for each. All of… Continue Reading