Tag Archives: dollar

The MIT inflation project and the future of US inflation

By mitchell b powell | Published: 1955, 29th July, 2011
According to the MIT Billion Prices Project, and the far less credible US government, annual inflation is approaching 4% in the United States. Although this is what many would call low inflation, consider this: Related Posts:The government is no longer necessary for inflation monitoring.Welcome to Treasury Roulette.The faces of interventionism: Paul Krugman and the ban [...]
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The Bitcoin Markets, Trouble on Mt. Gox, and What This All Means

By mitchell b powell | Published: 1827, 20th June, 2011
This post contains a brief re-cap of the history and significance of the bitcoin project, a brief summary of the recent problems with the bitcoin exchanges, and my thoughts on what this all means — for bitcoins, for Mt. Gox, for the dollar, for the world in general. Related Posts:Bitcoins are on the way back [...]
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hyperinflation in europe?

By mitchell b powell | Published: 2350, 4th February, 2010
High levels of debt in some European Union nations have caused confidence in the Euro to slide. It’s lost 9% of its value in two months. If that’s sustained, it’s 68% annual inflation, and the Euro will die because Europe took on debt. Related Posts:The Interest Rate Absolute Kill Point is 15.3%inflationary disaster: why we’re [...]
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