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The Democrats Finally Embrace Money Printing 23 Jul 2013 | 01:51 am

If you’ve been following American political theater since the start of the Global Financial Crisis in 2008, you’ve probably noticed how many (but not all) Republicans line up on the side of fiscal aus...

My Dog, Claire 16 Jul 2013 | 05:29 pm

My dog, Claire, in the kitchen at home. I got my dog, Claire, back in March of 1999—over fourteen years ago. She was a nine week-old puppy back then. And since then, I’ve spent more hours of my waki....

Gold is a Crap Investment—Unless... 15 Jul 2013 | 07:35 pm

About gold as an investment, Barry Ritholz said it best: This is not to say gold is not affected by Macro issues. But that is very different than saying Gld has a fundamental value, an intrinsic wort...

If You Are A Baby Boomer, You Will Go Bankrupt—If You Stay In America 12 Jul 2013 | 05:44 am

Recently (drum roll, please) I had a tooth removed (cymbal crash!). Unlike us, he’s got no worries— he can afford a good gerontologist. But I live in Chile. So I wound up paying $62 for the extract....

QE Won’t End—It Will Increase 21 Jun 2013 | 11:53 pm

The markets are panicking about the possible end of QE. Everything but the dollar is down—and down hard—which is no surprise, considering how addicted to Quantitative Easing the markets have become. ...

This is the Moment 11 Jun 2013 | 05:29 pm

Anyone following the gradual transformation of the United States from an open society into a police-state has probably been mainlining the Greenwald-Snowden-NSA leaks case like a junkie shooting up Ch...

Mo’ Debt, Mo’ Problems (Mo’ Keynesian Cynicism) 31 Jan 2013 | 03:22 pm

Christ, is Matt Yglesias stupid. Stupid or high, or maybe he’s just a cynical bastard—I really can’t make up my mind. The U.S. Debt: Notice a trend? [click to enlarge] He just wrote a piece in Slate...

Why Isn’t Gold Higher? 21 Jan 2013 | 08:40 pm

Hint: Because it’s the Credit Default Swap of the Next Financial Crisis Why isn’t gold higher? Two of the three reserve currencies of the world—the dollar and the yen—are on a relentless race to the ...

Mr. Abe’s Trigger 15 Jan 2013 | 08:46 pm

Prime Minister Shinzō Abe The newly elected Japanese Prime Minister, Shinzō Abe, has caused quite a stir. The leader of the Liberal Democratic Party, which scored a landslide victory in 2012’s electi...

Post Mortem On The Trillion Dollar Coin (or, Krugman Jumps The Shark) 14 Jan 2013 | 07:01 pm

So the idiotic idea of the Trillion Dollar Coin—floated so as to get around the debt ceiling—is dead as Dillinger. The official White House announcement stated: Neither the Treasury Department nor th...

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