Naturally, you are probably wondering when inflation will go away, and you are probably hoping it will go away quickly (particularly if you're just an Average Joe). The good news is that- historically speaking- once inflation starts to roll over, it rolls over relatively quickly. Where’s my evidence? …

In 2022, at least for most of the year, the money supply has actually been decreasing by a lot. Even though this is undeniable, you might still wonder why consumer prices are still sky-high (and you might wonder why prices didn’t peak until June of this year). But first, we…

With regards to the recent FTX blowup and other blowups, there is now a discussion about whether Bitcoin is just like every other crypto. There’s also the issue of whether FTX had anything to do with decentralized finance or whether it was just a classic fiat system. The latter has…

Quite often, I come across someone saying, “That’s just semantics”. The irony about the phrase (and debates around the phrase) is that it’s not exactly clear what it means. At the very least, it’s not always clear what the phrase means (to me). Some people will say that the meaning…

Lately, there’s been talk about a so-called “liquidity” crisis brewing or potentially brewing in the Treasury (bond) market; however, I am not yet convinced that there is an issue, let alone a “crisis”. For one, what is a “liquidity” crisis? What does that term mean? Because depending on what you…

The term ‘scientism’ is thrown around a lot. But what exactly is the concept? And, is the concept correct? These two questions are important to answer if the discussion is to be meaningful (or meaningfully improved). Two Dogmas of Scientism¹ The issue is that there seem to be two forms…

Is it possible to have inflation and deflation concurrently (biflation)? Specifically, is it possible to have widespread inflation and deflation simultaneously? It is impossible if one defines inflation as a ‘general’ increase in prices (and deflation as a general decrease in prices). That’s because the term ‘general’ here means ‘most’…

Last week, I critiqued what Jeremy Siegel said on CNBC. Siegel was freaking-out/panicking on CNBC and said that the Fed was, “Too tight!” with monetary policy. I responded to this nonsense, but Siegel offered a reply on CNBC yesterday. I don’t know if he was responding to me specifically, but…

The economy has slowed considerably this year. This is a fact…whatever label you want to put on it. The only question now is how bad it’s going to get. …