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Showing posts from August, 2017

Thank You, Subsidizers

As I look at today’s financial markets I can’t help but notice how many very kind investors there are who are using the financial markets to generously provide wonderful subsidies to the rest of us. And I am embarrassed by how little gratitude they’ve been shown, which is the basis of this blog post – to simply say: “THANK YOU.”

What Is Inflation?

“According to central bankers, inflation is generated by the gap between demand for goods and services and the economy’s ability to supply them.” This is a direct quote from an article that recently appeared in the WSJ, in which central bankers were described at being puzzled over the low rate of inflation that the G-20 has been experiencing. Inflation is a term which has taken on different meanings over time, and which continues to lead to general confusion.