- A QE "Knave and Fool" Strikes Back
Two weeks ago, columnist Paul Krugman wrote a piece that took aim at a group who, in 2010, wrote an open letter to then Fed Chairman Ben Bernanke warning about the risks of inflation and currency debasement that could result from quantitative easing. In ...
Blog entry - mikesswimn - Oct 16 2014 - 7:06pm - 4 comments
- 3 Macroeconomic Views for the Next Decade- What Group are You In? Help Educate Me...
So given that I trade a big chunk of my own portfolio and I'm often (stupidly) asked for stock advice, I thought it would make sense to try and tap the collective intelligence of WSO so I can at least pretend to have more conviction. I am conflicted. ...
Forum topic - WallStreetOasis.com - Dec 13 2013 - 1:56pm - 43 comments
- Eurozone Unemployment Tops 12%
My kids are on spring break for the next couple weeks and I was walking them to the park yesterday afternoon when I was suddenly surrounded by riot cops and TV cameras. Admittedly I was looking down at my phone and not paying attention, but it was ...
Blog entry - Edmundo Braverman - Apr 30 2013 - 6:31am - 42 comments
- Fed Policy Is Contractionary
You hear it all the time, maybe even every day: the Fed’s never-ending quantitative easing program led by $85 billion per month in asset purchases, will eventually cause hyperinflation. This will eventually lead to a devaluation of the dollar, skyrocketing ...
Blog entry - In The Flesh - Apr 9 2013 - 5:45pm - 17 comments
- If inflation goes up and noone says it does, does it make a sound?
Simple question, based on my near certain conviction that the bears are morally right, but will be stung in the markets, since inflation will push all prices higher. However: If governments keep using the same heavily manipulated statistic, does inflation ...
Forum topic - trazer985 - Jun 28 2013 - 2:57am - 13 comments
- Normalized EBITDA: How to pay less for the same company!
There are many different ways to determine the value of a company during an M&A transaction. Most of the time, the purchasing price is based on some sort of multiple (such as Firm Value / EBITDA). But what is a company’s real EBITDA? Let’s assume that ...
Blog entry - corporateape - Nov 15 2012 - 6:45pm - 18 comments
- What caused inflation in Argentina?
Thoughts about this? ...
Forum topic - Rodgers - Jan 27 2014 - 2:05am - 3 comments
- How the Fed Can Fix the Economy
The recent back-and-forth between Paul Krugman and Ben Bernanke illustrates that there is no definitive answer to this issue. Krugman argues that Bernanke is unwilling to try any policies that aren’t absolutely guaranteed to work. In other words, he’s ...
Blog entry - chabo11 - Apr 26 2012 - 6:03pm - 27 comments
- A lesson from Roman History
Last week I posted about the history of the Drachma and Greece. Thought it would be interesting to share the history of the Roman empire and its currency. The following is based on a speech by Joseph R. Peden given in 2009. Scholars have devoted a great ...
Blog entry - prashantkhorana - Nov 24 2012 - 7:45pm - 4 comments
- Buy now, pay later- inflation spending Argentine style
I usually spend most of the US winter here in Argentina, something I have done for the last six years. During this time, I have seen local prices skyrocket, the peso become overvalued, and what used to be “cheap” by US standards, become barely affordable. ...
Blog entry - Diamond Lil - Apr 12 2012 - 9:32am - 6 comments