Some Common Cents for February 19th 2016

February 19, 2016, by John Norris

I got a number of emails in response to last week’s newsletter, and let me say one thing: I am not advocating the US Treasury blithely print a bunch of additional money. No; the point was the quickest cure for deflation and a cripplingly strong currency is to simply make more of it, and pronto. Quantitative easing and deficit spending are as slow as molasses by comparison. Then, I would like to add: what a...

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Some Common Cents for February 12th 2016

February 12, 2016, by John Norris

Although China has been in the headlines, it seems people the most worried about future US economic growth are increasingly focused on two things: 1) the strength of the dollar relative to other major trading currencies, and; 2) low energy prices. Apparently, folks no longer believe we can simply import and consume our way to prosperity. Further, low energy prices are causing all kinds of havoc for any number of people (and countries) who have...

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Some Common Cents for September 27th 2013

October 1, 2013, by John Norris

A co-worker recently told me I have been a little too pessimistic about the economy recently. While he hasn’t disagreed with anything I have written, he thought some good news every now and again would be most welcome. After all, there is only so much realism one person can take. So, here goes nothing. There is a one hundred trillion dollar banknote from the Reserve Bank of Zimbabwe on my desk. I bought it this...

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