Tag: inflation

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How an Economy Grows and Why It Crashes

Peter Schiff, of Euro Pacific Capital uses illustrations, humor and storytelling to explain economic and monetary concepts in his book, How and Economy Grows and Why it Crashes. The book uses parody and analogy to compare our current global economy with a small island economy based on fishing.

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Behind Warren Buffett’s $37B Railroad Purchase

Major media has painted Warren Buffett’s acquisition of Burlington Northern Santa Fe as a “bet on the future of America”. While Buffett’s purchase does indeed signal a bet on the future prospects of America – that doesn’t necessarily mean the future looks good.

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Helicopter Ben to Continue Trashing the US Dollar

Helicopter Ben has been steadily hovering over the United States throwing hoards of dollars at the so called credit crisis. We have all heard about the need for added liquidity into our financial system. However, few people realize the repercussions of cheap money

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