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photo: “Hayek’s Got Inflation by the Balls”
photo: “Hayek’s Got Inflation by the Balls”
This is a bull named ‘Inflation’ — named “Inflation” because the beast never stopped growing. There on the left is Nobel Prize winner Friedrich Hayek, who’s got Inflation by the balls. The picture was taken by Australian driller Ron Kitching after Mrs. ...
Inflation Adjusted Dow is at 1966 Levels
Inflation Adjusted Dow is at 1966 Levels
ritholtz.com — Eddie’s chart on the Dow adjusted for CPI inflation is pretty telling: The inflation adjusted Dow is... back to 1966. (more) Inflation Adjusted Dow is at 1966 Levels
Inflation Adjusted w/ Dividend S&P 500
Inflation Adjusted w/ Dividend S&P 500
econompicdata.blogspot.com — The Big Picture posted a chart from Crossing WallStreet showing the inflation adjusted Dow. Mike asks: Anyone... know what it is with dividends? Not the Dow, but detailed below are returns of the S&P 500 with dividends going back to 1973, both ... (more) Inflation Adjusted w/ Dividend S&P 500
St. Louis Fed poses a key concern on the monetary base
angrybear.blogspot.com — rdan The St. Louis Fed includes the review on monetary policy. Figure 1 shows 'currency in circulation'... to be basically flat at this time, which indicates much of the new money is in excess reserves and has not entered the broader money supply. This ... (more) St. Louis Fed poses a key concern on the monetary base
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Best. Hayek Story. Ever.
The Austrian Economists — ... I think Greg Ransom mentioned this in a comment thread somewhere, but you really do need to go over to his blog and see the picture/story that goes with "Hayek has Inflation by the Balls."  Be sure to click through to the ...

Assorted links
Marginal Revolution — 1. Uh-oh.  I once appeared on New Zealand TV in a penguin suit, but I would never do that. 2. The reality of jetpack use, including photos and a discussion of injuries. 3. Sectoral shifts, sectoral shifts, sectoral shifts. 4. The economics of the Kindle; best piece on the topic so far. 5. Brilliant post by Simon Johnson; too good to excerpt.

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