Expectant of greater things, We try climbing – Higher And Higher; An effort that costs us much, Leaving us short of breath To find only The ground below is much prettier. ~Phillip Pulfrey For the last couple of years I’ve been writing that I thought we might experience a biflation for a sustained period of… Continue Reading
Tag Archives: monetary policy
Stop Making Paper and Start Making Things: Bill Gross
Unless developed economies learn to compete the old-fashioned way – by making more goods and making them better – the smart money will continue to move offshore to Asia, Brazil and other developing economies, both in asset and in currency space. ~ Bill Gross Update: This article was featured in the Carnival of Wealth #15… Continue Reading
Book Review: The Fearful Rise of Markets
Synchronized markets warp perception and force politicians and investors alike into historic errors – but eventually collapse under their own contradictions. ~ John Authers John Authers, investment columnist for the Financial Times, explains why so many market orthodoxies were smashed during the financial crisis in The Fearful Rise of Markets: Global Bubbles, Synchronized Meltdowns, and… Continue Reading