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The Dow’s a BratOct 10, 2008 We've all seen parents unwisely offer treat after treat to a sullen child to stop him or her from misbehaving in public – may have even done it ourselves. The brat grabs each gift, quiets down for a few minutes, then … Tagged: unscientific economics |
Oct 8, 2008
Are American high tech companies the big winner from the current bouts of deflation? Is the US itself a winner? Remember, deflation changes all the rules we've been used to. You've got to think upside down now that …
Tagged: unscientific economics
Oct 7, 2008
During the collapse of the dot.com bubble, I believed that the stock of the company I'd founded, ITXC, was grossly undervalued; so I bought some both hoping to profit and also to calm the market by showing investors …
Tagged: unscientific economics
Oct 6, 2008
Last Week "We'll surely fail If you don't bail," Said Wall Street to the gov. "The Dow'll crash, Without your cash. Send a trill our way." The gov, it caved, And quickly gave, The bankers all they craved …
Tagged: unscientific economics
Oct 5, 2008
Deflation is the debtor's worst enemy just as inflation is the debtor's best friend. In inflationary times the value of the asset you borrowed money to buy goes up so quickly that you can always sell and come out ahead …
Tagged: unscientific economics