The Punch Bowl
The great Fed Chairman Bill Martin was quoted as saying his job was to “take away the punch bowl, just as the party is getting good.” [1]...
The case for – and against – Inflation.
Readers of this blog are well aware of my views on inflation. Sometimes, I even feel like chicken little, because the case for inflation...
The Inflation Supercycle
Inflation runs in a 54-year cycle known as the Kondratieff cycle, or the “Long Wave,” which represents the changes in prices of products...
Is the next oil shock crisis around the corner?
In What’s Next for the Economy, I compared current events and the early 1970s, and I stated that: “All we need now is an oil shock, which...
Take advantage of the Inflation cycle, instead of being taken advantage of!
I realize that with the current inflation rate running at about 2% per year, people don’t get too excited about it. But the time will...
Inflation – the Zombie of Economic Cycles
At this time, inflation is so benign that people don’t even think about it. In fact, some people are more worried about deflation than...
What’s Next for Inflation?
What will we see in the future, relative to inflation? Edward Dewey and Edwin Dakin predicted that U. S. Wholesale Prices would peak in...
The Kondratieff Cycle (the inflation cycle length)
Inflation runs in a 54-year cycle known as the Kondratieff cycle, or the “Long Wave,” which represents the changes in prices of products...
The Great Inflation – could it happen now?
The Great Inflation started with the economic policies of the Kennedy and Johnson administrations in the 1960s, and it ended during the...
Will the Great Recession lead to Deflation?
We have all seen the effects of deflation – or falling prices – with respect to technology products, particularly in computer prices....
