Monthly Archives: August 2010
Hyperinflation, deflation, neither, both?
There has been much in the media of late about deflation or inflation. Each side has their advocates and with broad economic health indicators weakening over the last several months working non economists may wonder who is right? The problem … Continue reading
Citizens versus the elites
The ruling yesterday regarding California’s Proposition 8 is profoundly disturbing for a variety of reasons legal and philosophical. First a brief recap. Perry et al v. Schwarzenegger et al, sought an injunction against implementation of Proposition 8 under federal law, … Continue reading
Dollar: view from the sidelines
Previously, I suggested it time to take profit on short Dollar positions. Since then the decline extended, and has now reached firm support at the 80 level. It would be logical to expect a bounce back from here giving an … Continue reading