General

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…

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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…

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September 26, 2014

“I don’t think the words ‘dual mandate’ crossed my lips in eight years. If prices are stable, that (is) good…

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September 19, 2014

“Money amplifies our tendency to overreact, to swing from exuberance when things are going well to deep depression when they…

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September 12, 2014

“No one can possibly achieve any real and lasting success or get rich in business by being a conformist.” –…

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September 5, 2014

“The worst evils mankind ever had to endure were inflicted by bad governments.” – Ludwig von Mises, economist Brock Solid.…

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August 29, 2014

“The Fed is distorting markets and risking asset bubbles by keeping real rates negative when real growth rates are positive—the…

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August 22, 2014

“The four most dangerous words in investing are: ‘this time it’s different.’ “ – Sir John Templeton “The stock market…

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August 15, 2014

“Better three hours too soon than a minute too late.” – William Shakespeare   POINTS TO PONDER 1. A recurring…

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August 8, 2014

“I don’t want to go from wild turkey to cold turkey.” – Richard Fisher, Dallas Fed President, referring to the…

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August 1, 2014

“It’s funny. All you have to do is say something nobody understands and they’ll do practically anything you want them…

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July 25, 2014

“If the only reason you find for doing something is because others are doing it then that’s not good enough.”…

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