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Author Archives: It's a Learning Problem
Hazlitt on Inflation…
Inflation itself is a form of taxation. It is perhaps the worst possible form, which usually bears hardest on those least able to pay. On the assumption that inflation affected everyone and everything evenly (which, we have seen, is never … Continue reading
Posted in Quotes
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Man’s 6,000 Year Obsession…
So today I’ll be pivoting from the long term case for optimism to the short term problems that face the economy. Anyone who has studied monetary history, even the basics of monetary history, should be able to recognize, broadly speaking, … Continue reading
Posted in Gold, Investments
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The case for optimism…
My few readers may have noticed a pattern in the posts I’ve made and the articles I’ve linked to so far. That pattern is in pointing out the negative aspects of the current economic and political situation that we find … Continue reading
Posted in Freedom
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What if we’re an emerging market…
Kuppy has interesting takes on macro themes that a lot of people aren’t even considering. Because they’re outlier views, they’re obviously low percentage outcomes. But, as the odds of these types of outcomes rise, it’s important to think through the … Continue reading
Posted in Uncategorized
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Inflation…
Think about this the next time you hear some talking head at the Fed talk about their inflation “target.” Inflation is theft, pure and simple. It’s worse than theft in many ways because of the subtlety and deception of it. … Continue reading
Posted in Quotes
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“Saving” Social Security…
Jacob Hornberger takes on one of the sacred cows of politics. It’s easy to be critical of nearly everything that government does, but it’s important to think through what the actual solutions would be if government returned to it’s proper … Continue reading
Posted in Government
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Change is coming…
Erik Townsend had an interesting guest on this week. Louis-Vincent Gave covers several important topics and his perspective resonated with me. Among other things, they cover: The current state of the economy in China. US media has been saying that China’s … Continue reading
Posted in Uncategorized
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Rule of 72…
The rule of 72 is a great mental tool that a lot of non-financial people aren’t aware of. It’s something I’ve used repeatedly when thinking about investment returns. Here’s a neat graph laying out the concept with some additional info … Continue reading
Posted in Investments
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Canadian Oil Thesis…
Shubham Garg is an incredible source of information if you’re interested in the oil space, especially the Canadian oil space. I’m increasingly convinced that this is one of those set-ups that has risk/reward characteristics that you rarely see as an … Continue reading
Posted in Investments, Oil
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