Tag Archive: Inflation

Echoes of the Big Bang

The Universe got a little more amazing today. Thirty years ago, the theory of cosmic inflation was proposed. The idea is that, for about one billion billion billion billionth of a second, the universe expanded faster than the speed of light.

The inflationary theory explained a lot of things, such as the remarkable smoothness of the universe. And it had some interesting implications, such as the potential existence of other universes, perhaps with different laws … Read more

All the Coins That’s Fit to Print

A long time ago, the Simpsons did an episode about Congress creating a trillion dollar bill to rebuild Europe after World War II. Apparently, a few pundits and at least one Congressman think that was a documentary:

Rep. Jerrold Nadler has an admittedly “out of the ordinary” solution to the coming fight over the debt ceiling.

“There is specific statutory authority that says that the Federal Reserve can mint any non-gold or -silver coin

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The Right Wing Meltdown: Knock It Off

It’s been downright painful watching conservatives come to grips with the reality that Obama was re-elected. A couple of my favorite sites are about ready to go all Jonestown about it and I haven’t bothered to give them more than a cursory glance for the past week.

Everywhere it’s “Why, why, why?” and “We have to change everything we believe!” and “We just had bad luck, it means nothing, nothing I tell you!” and even … Read more

Paul vs. Paul

Ron Paul and Paul Krugman had a debate about economics (apologies for the link, which auto-plays). You can read Tyler Cowen’s commentary here. I agree with his final take:

There were too many times when RP simply piled polemic points on top of each other and stopped making a sequential argument. He overrates the costs of inflation, including in the long term, and for a believer in the market finds it remarkably non-robust in

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Here comes a recession, UNEXPECTEDLY!

Reading this CNBC article about the current plunge in economic data, you get the impression, yet again, that these “experts” in the MSM are constantly baffled by the continued negative economic news that keeps coming because they, after all the evidence to the contrary, still think that the destructive borrow-or-print & spend policies of the last 2 or 3 years from the anti-business Keynesian jackasses in charge, somehow should be working.

The last month

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Some economic perspective..

Everyone seems to be focused on the great news that bin Laden was finally sent to hell by SEAL team 6 a couple of days ago, and that’s awesome, but there are other things we should not lose track of like the fact that our economy is in a death spiral as government keeps spending far beyond what it can afford and the anti-business policies of the left keep putting pressure on any kind of … Read more

You know your policies are hurting the poor when

Wal-Mart starts pointing out they are not spending as much as they used to on purchases as they used to:

NEW YORK (CNNMoney) — Wal-Mart’s core shoppers are running out of money much faster than a year ago due to rising gasoline prices, and the retail giant is worried, CEO Mike Duke said Wednesday. “We’re seeing core consumers under a lot of pressure,” Duke said at an event in New York. “There’s no doubt that

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