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If you are ever in need of an example of economic fallacy in print, Paul Krugman’s blog is a great place to start. His recent offering on the economic benefits of food stamps is no exception: “Indeed, estimates from the consulting firm Moody’s Analytics suggest that each dollar spent on food stamps in a depressed economy raises
Grant Williams, author of the newsletter Things That Make You Go Hmm, recently presented at the 66th Annual CFA Conference in Singapore. The entire presentation is available above, but in this post we’re going to deal with less than ten minutes of his presentation. Although Mr. Williams addresses stock investors, his material should be of
In HR 684: a disaster for gold/silver investors, I urged readers to contact their representatives in Congress to vote and work against HR 684. The bill remains a potential disaster for gold and silver investors, and many readers, judging by their calls and emails, understand this. But, too many respondents to the earlier post were
Seems whatever financial media you go to, the discussions are about speculation that Bernanke and his cohorts at the Fed’s Federal Open Market Committee (FOMC) are considering cutting back on quantitative easing, which is now running at $85 billion a month. ($45 billion in Treasuries, $40 billion in mortgage debt.) The media’s chic question is
