Browsing All Posts filed under »Inflation«

A Lesson From The Not So Distant Past

January 4, 2011

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This is Rudolf Havenstein. The name probably means nothing to most people. However, during the hyper-inflation in Germany that commenced after WWI.,  this man was the President of the German Central Banking System.  He held essentially the same position that Ben Bernanke holds in the U.S. today.   When Germany needed more money to fight WWI. […]

National Policy Choices And An Uninformed Majority

June 9, 2010

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Recently Zogby International conducted a survey to measure which group of voters were more knowledgeable about the economic policy choices facing the United States.  Those questioned were asked if they considered themselves to be Liberal, Moderate or Conservative. They were also asked their political affiliation or party choice either Democrat, Republican or Independent. They were […]

Libertarians And The Temptation Of The Gold Standard

May 25, 2010

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The people who are part of the Tea Party come from many perspectives on the political spectrum and are not all lock step in their ideas of what needs to be done about our national economic dilemma,  however an inordinate number of individuals in the Tea Party seem to be of a Libertarian bent and […]

Economic Chaos, Three Possible Solutions

May 8, 2010

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It would seem that the recent economic crisis enveloping Greece is merely a preface to what is to come in many of our States and eventually to the U.S. as a whole. Our deficits are staggering and unsustainable. As I see it we have three choices, none of which are ideal.  Solution 1. We raise […]

Senior Paradox No.1

January 9, 2010

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A Senior Discount, by definition, is a 10% Bonus for being unproductive. Conversely it is a 10% Value Added Tax on those unlucky enough to be young.

A Retiree’s Financial Portfolio

January 8, 2010

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As an astute Retiree you should have two things and two things only in your Financial Portfolio.    1. Cash  2. Series I, Inflation Indexed Savings Bonds. As regards Stocks:  If you had been heavily invested in Stocks, you wouldn’t be retired.

A Senior Citizen without a coupon is like a cop without a badge

January 7, 2010

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A Senior Citizen without a coupon is like a Cop without a badge. What a great thing it is to have the time to seek out restaurant coupons in these bleak financial times. My wife and I will never eat out anywhere unless we have a “Buy one meal and get the second meal free” […]