During the hyperinflation of 1921-23 in Germany, prices of food in a restaurant could rise several thousand papiermarks (paper marks) in a single [...]

In the markets, there is a ton of information. An analyst’s job is to separate the wheat from the chaff. And there’s a lot of chaff. The reasons [...]

Advocates of Modern Monetary Theory, like their Marxist brethren, are fond of saying that debt doesn’t matter. “We owe it to ourselves,” they [...]

The problem with sirens is that they always sound so good. Not the sirens on emergency vehicles, rather the kind that Odysseus had to deal with. With [...]

Yeats was not much of a theologian, but as a wordsmith he was beyond superb. “Things fall apart; the centre cannot hold;/Mere anarchy is loosed [...]

Every nation has its problems, but those of Israel arouse more passions than just about any other country. Doubtless there are many people in the [...]

“It’s tough to make predictions, especially about the future.” The saying is usually attributed to Yogi Berra, though there is currently a [...]

One of the most helpful and thoughtful analysts writing an electronic newsletter these days has recently pooh-poohed the buying of gold. He’s [...]

Truth vs. falsehood, signal vs. noise, gold vs. tailings or dross, wheat vs. chaff or weeds, and the list goes on. Separating the important from the [...]

As women have entered the work force in high numbers over the past 50 or 60 years, they have changed the division of labor families have most [...]

Life is teeming with things and actions. Not all of them are good for us. In that vein, the communications summarized below talk often of things with [...]

This blog has spoken often of contrast in recent postings. It’s a crucial concept. Walking on the sidewalk is far safer than walking in the road. [...]