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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 reservation demand. Show all posts

Thursday, April 25, 2013

Cash Hoarding No Security Against Confiscation, UK’s Panic Buying of Physical Gold

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A gold bear analyst recently commented that the confiscation of bank deposits particularly in Cyprus represents a bearish factor for gold. ...

Friday, February 24, 2012

Are Surging Oil Prices Symptoms of a Crack-up Boom?

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Dr. Ed Yardeni thinks that there has been a mismatch between oil prices and oil demand Dr. Yardeni writes The price of Brent crude ...

Sunday, April 10, 2011

Rampaging Global Equity And Commodity Markets Are Symptoms Of Rampant Inflationism!

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Credit expansion not only brings about an inextricable tendency for commodity prices and wage rates to rise it also affects the market rate ...

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Sunday, February 20, 2011

Resurgent Gold Equals Resurgent Emerging Market Bourses?

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By the way, full employment was one of the main justifications for the Reichsbank's inflationist monetary policies. So nothing has chang...

Monday, November 22, 2010

The Peak Oil Myth

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Here are my thoughts on Peak oil While peak oil (via Hubbert Peak Theory ) may be a valid engineering theory, it is a poor economic concep...

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