Failed Leaders With Failed Agendas Always Blame The Speculators

By: Repair_Man_Jack (Diary)  |  April 23rd at 12:00 PM  | 

It’s worth noting that, although the President of the United States hasn’t the power of Generalisimo Chavez, Pres. Obama’s attacks on speculators are just as politically opportunistic and economically ignorant – and potentially as destructive – as are any such attacks issued by Latin American dictators… – Don Boudreaux, Café Hayek. If anyone out there still needed a primer on why a Government-Centered Society was | Read More »

Is Unofficial Inflation Present In The Economy?

By: Repair_Man_Jack (Diary)  |  April 13th at 12:15 PM  | 

In the late 1970’s and early 1980’s, inflation became a crippling detriment to the American Economy. Federal Reserve Chairman, Paul Volker, showed remarkable patriotism for a Democrat. He brought down the hammer athwart this scourge. He raised interest rates through the roof and forced down the price of most consumables to acceptable levels. As a result of Paul Volker’s courage and love for America, the | Read More »

The Good News Is That I Am Wrong about Inflation– The Bad News Is That I Won’t Be Forever

By: Repair_Man_Jack (Diary)  |  September 8th at 08:38 PM  | 

The United States economy will overinflate. The USD will decline as a fundamental store of value; thereby leading to a deleterious effect on the purchasing power of the average American. I predicted this would happen the day Congress passed The Chula Vista Dog Walk Act of…Oops I Mean Stimulus Package. Up until now and into the foreseeable, near-term future, I missed on that one. The | Read More »