Inflation/Deflation

The dilemma the fed and all of us are facing in America and now affecting most of the world is we are in an inflation/deflation period.  The loose credit markets in the 90’s, the internet boom and then the...

What is the 'Shadow Financial System'?

You're soaking in it..."Since the onset of the liquidity and credit crunch last summer this column has been arguing that monetary policy would be impotent to address such a crunch because, in part, of the...

Debunking The Gold Standard: The Myth of Stability

Thanks in large part to the hype surrounding Ron Paul's candidacy within the Republican Party, the notion of a US return to the Gold Standard has enjoyed renewed popularity as of late. Mr Paul supports the...