Tag Archives: Inflation

There are more subtle ways for banks, nations to erode savers’ accounts

Posted on March 26, 2013 by Doug Gibson

Many have been outraged, and justifiably, of the European Union and the busted nation of Cyprus’ efforts to tax the bank deposits, guaranteed or not, of Cyprus banks’ depositors. As columnist Thomas Sowell notes: “The economic repercussions of having people … Read More

Tagged Bank investment accounts, Banks, Buttonwood, Certificates of Deposit, Cyprus, European Union, Financial-repression levy, Inflation, Quantitative easing, The Economist, The Political Surf, Thomas Sowell

More inflation at this time may be beneficial to the economy

Posted on December 10, 2012 by Vijay Mathur

Most Americans including politicians, media pundits, conservative economists and policy makers are averse to inflation (increase in prices). In general this attitude makes sense. In fact, in 1970 public opinion considered inflation as the greatest threat to the economy, and … Read More

Tagged "End the Depression Now", Consumption tax, Inflation, Juan Pablo Nicolini, Liquidity trap, Paul Krugman, U.S. economy, Uncategorized