Gold Price Rallies Into Resistance, Fuelled by US Dollar Weakness
The price of gold turned sharply higher Wednesday, aided by a weaker US dollar, and the precious metal is now running into a cluster of resistance which may prove tricky…
Tags: business and economy
Stocks Could Plunge Even If The Economy Booms
Can we face a bear market even if the economy booms? Yes, but it would be rare.
Inflation, Reflation, Or Something Else?
Is there a difference between inflation or reflation, and whatever this is? Not mere semantics, it may be everything for what the future ultimately looks like.
Knowledge Problems With Discretionary Central Banking
Monetary policy under a discretionary central bank is ineffective and unlawful. It is ineffective because it does not accomplish its intended goal, which is macroeconomic stability.
Population Growth Is Slowing. Why That’s a Problem for the U.S. Economy
Alarming Demographic Trends.
Adopting a Gold Standard Would Promote Fiscal Discipline
Many are surprised to learn that famed central banker Alan Greenspan has been a longtime supporter of the gold standard. But the record is clear.
The Summer Slowdown Collides With The Summers Acceleration Theory
You’d think Larry Summers would know better. Not that he stepped in it, again, but rather why he did this particular time.
Real World Economics: Businesses Closing for Good? Let’s Recognize That
Our nation is not doing well at limiting infections and deaths from COVID-19. Perhaps we can say, “Well, we did better than Belgium, Italy or Spain.”
Are We Working More Than Ever?
Working hours for the average worker have decreased dramatically over the last 150 years.
Closing Restaurants Is Unscientific and Dangerous
With small business owners struggling under the weight of lockdown orders, Los Angeles and New York City drew intense criticism recently for closing restaurants again.