Why Don't Prices Decline During A Recession?
Thursday August 14, 2003
If we use the analysis from "Why Does Money Have Value" we see that the inflation rate should rise during a boom and fall during a recession. This point ... Read More
Are Credit Cards A Form Of Money?
Thursday August 14, 2003
Most of us use credit cards every day to purchase goods and services. Does that make credit cards a form of money? In "Are Credit Cards A Form ... Read More
Softwood Lumber Dispute - A Hollow Victory for Canada
Thursday August 14, 2003
It seems that in every stage in the softwood lumber dispute both the Americans and Canadians have been claiming victory. The most recent NAFTA panel decision on the softwood ... Read More
How Would the Market React to the Death or Capture of Saddam or Osama?
Thursday August 14, 2003
In my article "How Markets Use Information To Set Prices" we saw how various markets, such as the stock market, use the collective information of investors to set prices. ... Read More