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HomeMaking Sense of The Skyrocketing Cost of Gasoline
Posted by Larry Doyle on September 17th, 2012 7:33 AM |
I guess I could write this morning about the NYSE being fined by the SEC for facilitating front running. I could also offer more commentary on global banking institutions that now seem to realize a little thing called “reputation” actually matters. Perhaps I could offer insight on how the Fed’s recently announced “QE-infinity” is directed as a further bailout of the banks and the red-headed stepchildren commonly called Fannie and Freddie.
But let’s put those topics off for another time. Today, let’s address why your wallet is significantly lighter every time you go fill your vehicle’s tank. (more…)
Dollar Devaluation, Stagflation, and How “You’re Getting Screwed”
Posted by Larry Doyle on April 29th, 2011 8:12 AM |
“Remain calm, all is well!!”
Such would seem to be the message put forth this morning by The Wall Street Journal’s lead headline, Officials Unfazed by Dollar Slide,
In recent days, the nation’s top two economic policy makers—Federal Reserve Chairman Ben Bernanke and Treasury Secretary Tim Geithner—have publicly expressed their desire for a strong dollar. But there is little indication of a change in policy from either the Fed or Treasury—or in underlying economic conditions—that would alter the currency’s downward course.
When thinking of Bernanke and Geithner, who do you think of first, Abbott and Costello or Laurel and Hardy? I am more in the former camp. “Hey, Abbbbbotttttt!!” (more…)
David Galland’s Crystal Ball Post QE2
Posted by Larry Doyle on April 12th, 2011 8:26 AM |
What does the future hold?
I believe the future of our nation, the world, and markets at large have NEVER been faced with the level of uncertainty as they currently face. Debt ceiling? Housing? Unemployment? Inflation? The health of our banking system? Integrity of our government reports? International civil strife? There is no rest for the weary.
Ben Bernanke and his minions at the Federal Reserve have masked the underlying destructive impact of the debts strangling our economy and the subsequent impact on our economy via the Fed’s quantitative easing programs. With QE2 scheduled to end in June, then what?
Our Sense on Cents Economic All-Star John Mauldin highlights an interview that David Galland, Casey Research partner and managing editor of The Casey Report, gave to the International Speculator, in which he provides immediate and long term projections resulting from the end of QE2. This interview is lengthy but riveting. For those interested in the markets, our economy, and our future, it is a MUST READ!! (more…)
