October 17, 2014
“We cannot solve problems by using the same kind of thinking we used when we created them.” – Albert Einstein…
October 10, 2014
“When we look at the high-income economies…we must recognize that they are in a truly extraordinary state. The best way…
October 3, 2014
“I recently tried to refinance my mortgage and was unsuccessful in doing so. I think the tightness of mortgage credit—lending—is…
September 26, 2014
“I don’t think the words ‘dual mandate’ crossed my lips in eight years. If prices are stable, that (is) good…
September 19, 2014
“Money amplifies our tendency to overreact, to swing from exuberance when things are going well to deep depression when they…
September 12, 2014
“No one can possibly achieve any real and lasting success or get rich in business by being a conformist.” –…
September 5, 2014
“The worst evils mankind ever had to endure were inflicted by bad governments.” – Ludwig von Mises, economist Brock Solid.…
August 29, 2014
“The Fed is distorting markets and risking asset bubbles by keeping real rates negative when real growth rates are positive—the…
August 22, 2014
“The four most dangerous words in investing are: ‘this time it’s different.’ “ – Sir John Templeton “The stock market…
August 15, 2014
“Better three hours too soon than a minute too late.” – William Shakespeare POINTS TO PONDER 1. A recurring…