Monthly Archives: May, 2019
The Antidote to Inflation Poison
In my long investment career, nothing has worked harder against my success than the negative compounding effect of inflation. Every year inflation reduces the...
Will MMT Be the “Millennial Monetary Theory?”
Is the Modern Monetary Theory becoming the Millennial Monetary Theory? Textbooks teaching MMT have sold out. Colleges and universities are adopting the unorthodox theory...
New Jersey Taking Small Steps to Pension Reform. Is it too Little too Late?
America's pension systems are in trouble. Here's a little sample of what's gone wrong:
Illinois: New Governor, Same Old Pension Pyramid Scheme
Is Your...
GE Stokes the Yellow Vest Fire
In Paris recently, I saw the sad but determined looks on the faces of the Yellow Vest protesters. They are angry about France's decreasing...
Possible Fed Nominee Questions Dual Mandate
Judy Shelton, a possible nominee for the Federal Reserve board of governors, has questioned the Fed's dual mandate, that is, to target full employment...