We can now be assured of improved economic growth in the years to come. Why? Because the Federal Reserve Board is predicting slow growth. And the Fed is always wrong.…
New Year’s Resolutions for Others to Break
We all make New Year’s resolutions and typically break them by the time the ball drops on Times Square. With the same good intentions and low expectations of success, this…
The Fed Is No Longer Boring
We’ve ignored the Federal Reserve Board for weeks now and with good reason. We’ve been bored with the board. There have been no taper tantrums. There’s been no pontificating about…
Investing Under President Trump
Is Donald Trump a narcissistic blowhard or an astute businessman with the ability to make America great again? We will all find out over the next four years, but we…
Deceptive Pricing
If you had to believe one of the following people, who would you choose? Heather Bresch, CEO of Mylan, makers of the EpiPen: “The misconception about our profits is understandable,…
Take This Quiz before You Vote
Citizens of many countries would envy us for having the right to vote, the right to express our opinions, the right to practice whatever religion suits us, and the right…
Doubling Down on Bad Ideas
Uh oh. Until now, about the only thing good you could say about the Federal Reserve Board in recent years is that it hasn’t followed central banks in Europe and…
The Fed’s Multi-Trillion Dollar Ponzi Scheme
“You loan me ten bucks. I photocopy the bill four times, give you back one of the copies, and announce that we’re square. That’s monetizing the debt.” …
Grading on a Curve
“We do not target the level of stock prices. That is not an appropriate thing for us to do.” …
To the Back of the Queue
If I go there will be trouble And if I stay it will be double So come on and let me know Should I stay or should I go? The…