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The Spreading Chinese Inflation

China has been printing a lot of money for a long time in order to keep the yuan low which befitted their export sector. As a result of their policy they accumulated massive foreign exchange reserves, and had giant trade surplus. Since China has over one billion people and since most of them where ...

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Reads: 592

The Impossibility of Modern Capitalism

Europe's dark secret ...They might not like to admit it, but Europeans don't mind a bit of capitalism ... When history comes to write the tale of the euro-zone crisis, the chief villains, if Europe's leaders have any say, will be not dissembling Greeks or dithering Germans, but the financial ...

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Reads: 583

Savings Are a Lousy Excuse for America’s Trade Deficit

Everyone who's been paying attention knows by now that Americans consume too much and save too little.   This is statistically true, but it has unfortunately become the basis of a mischievous lie about the cause of America's monstrous trade deficits.  That is, many orthodox economists have been ...

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Reads: 353

Creating Real Jobs

Creating Real Jobs

Massive, but failed, federal jobs programs overlook two key sources of real job growth. Namely, exports and innovation.

"An increase in sales from exports creates twice as many jobs as a dollar from sales in domestic demand." Technology firms "create even more jobs." And jobs in exporting "pay 9 ...

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Reads: 448

Ten Economic Blunders from History

Ten Economic Blunders from History

Take cover when you hear a political leader talking about economic affairs. You can bet a bad decision is incoming. Luckily for the leaders, their meddling usually has a slow, erosive effect on the economy. Every so often, however, the great ones manage to land a real whopper that takes them down ...

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Reads: 488

Supreme Court Spectacle: Kagan Evasive, White House Obstructs Press Investigation

Supreme Court Spectacle: Kagan Evasive, White House Obstructs Press Investigation of Supreme Court Nominee

The Senate Judiciary Committee confirmation hearing with Supreme Court nominee Elena Kagan concluded on Wednesday. Once again the nation was reminded just what a ridiculous farcethese hearings ...

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Reads: 536

What Price Freedom?

What Price Freedom?

Let me tell you about 56 men who risked everything-their fortunes and their lives-to take a stand for truth. These men laid everything on the line, pledged it all-"our Lives, our Fortunes, and our sacred Honor"-because they believed in a radical idea: that all people are created to be free. They ...

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Reads: 306

Peter Grandich Hunts for Treasures Beyond Gold's Glare

Financial Commentator and Market Analyst Peter Grandich, who sees no end in sight to the "mother of all gold bull markets," expects the price of the yellow metal to climb past $2,000+ before the ride eventually comes to an end. But while gold has been riding high, its glitter isn't blinding Peter ...

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Reads: 646

Gold Miners & Explorers Face Serious Supply Problems

Gold Miners & Explorers Face Serious Supply Problems

Geologist Brent Cook, of Exploration Insights, in this exclusive article for The Gold Report, takes a look at the major gold mining companies' dilemma-declining production as the gold price is hitting record levels. He also explains how the junior gold explorers are confronting a similar ...

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Reads: 517

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