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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label flight to real values. Show all posts
Showing posts with label flight to real values. Show all posts
Saturday, June 23, 2012

Belarus Hyperinflation: Money Abhors a Vacuum

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I previously pointed out of the developing crack-up boom or hyperinflation in Belarus . If money is being perverted by governments to the ...
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Thursday, May 17, 2012

Flight to Gold: Japanese Pension Shifts into Gold

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The flight to safety into gold by the average Japanese seem to be escalating. From the Financial Times , Okayama Metal & Machiner...
Wednesday, July 13, 2011

The Increasing Role of Commodity Currencies as Forex Reserves

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Here is more proof of the declining role of the US dollar as the de facto international currency reserve. From BCA Research (bold emphasi...
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