Whip Inflation Now Where Can We Get Help on Inflation? The Patient Died Anyway Inflation in Asia and Europe There Are No Good Solutions President Nixon instated price controls on the 15 th of August, 1971. Inflation was a little over 4% at the time. Price controls manifestly did not work (resulting in...
Sea Change at the Fed "Of his bones are coral made: Those are pearls that were his eyes: Nothing of him that doth fade, But doth suffer a sea change Into something rich and strange" (The Tempest - Shakespeare) The term "sea change" has come to mean a profound transformation ever since...
The Mortgage Pig in the Python Inflation is Baked into the CPI Numbers The Mortgage Pig in the Python Housing Starts Look to Stop A Few Thoughts on the Recent Credit Crisis Half of All Hedge Funds Gone? Golf, Weddings, and Europe With the economy increasingly looking like it will slow down materially...