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Cooked Books: Debt Limit Pushed Out Another Six Weeks 27 Aug 2013 | 03:30 pm
The U.S. government’s debt has been locked in at this implausible limit for three months: $16,699,396,000,000. The Secretary of the Treasury says that it will not hit the ceiling until mid-October. Th...
Does Gold’s Price Matter to the Central Banks? No. 27 Aug 2013 | 03:15 pm
I have been writing about gold ever since my 1965 booklet, Inflation: The Economics of Addiction. That’s a long time. In 1970, you could buy British gold sovereigns for $10. These were quarter-ounce g...
The Phony Ten-to-One Headlines: Ignore Them. 27 Aug 2013 | 02:51 pm
The news media suffers from hyper-inflation. We can see it in the headlines. Here’s a recent one: China Will Invest $1 Trillion Globally; How Much Will U.S. Get? But when we read the article, we are t...
Running Out of “Free” Water 27 Aug 2013 | 02:29 pm
Across the high plains, many farmers depend on underground stores of water, and they worry about wells going dry. A new scientific study of western Kansas lays out a predicted timeline for those fears...
Tiny Gun Control Group’s Starbucks Boycott Gets Nowhere 26 Aug 2013 | 03:29 pm
Starbucks lets customers carry a gun in states where this is legal. This outrages gun control advocates. Last week, the media were filled with the story of a tiny outfit that was planning a national b...
Milton Friedman: Professor Voucher 26 Aug 2013 | 03:26 pm
Last week, I wrote an article on federal housing vouchers. I made the point that these vouchers are like all other vouchers: a pseudo-market intrusion of the government into our lives. I made an assum...
Taper, Taper, Bubble, Bubble, Pop, Pop 26 Aug 2013 | 03:25 pm
This is a typical media story on the possibility that the Federal Reserve may not stop counterfeiting as much money in September as it is today — a position I have repeatedly maintained. The basic ass...
FDA’s Rules Will Shut Down Organic Farms 26 Aug 2013 | 03:08 pm
SACRAMENTO, Calif. – Some California farmers are voicing concerns over the FDA’s proposed implementation of the Food Safety Modernization Act. They say the rules are excessive and may put small farmer...
Fracking Myths: Don’t Get Taken In 26 Aug 2013 | 03:02 pm
This article caught my eye. * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * […]
Bernanke Explained in Simple English (Australian) 23 Aug 2013 | 03:31 pm
So, you have trouble understanding Bernanke. Maybe you are not sure what tapering is. But you do not want to admit this publicly. You want to be able to nod your head, and say something authoritative ...
