Category: interflation

December 28, 2008

You Can’t Fight the Tsunami of Structural Change

Structural change is upon us.  Our leaders can’t fight it.  As they embarass themselves with bailout after bailout, they fail to stop and look at what’s happening around them. Structural change is an inherent decrease in demand for stuff we don’t want.  In fact, we don’t even think we need it any more, mainly because the tools of demand generation (mainstream publishers and marketing agencies) […]

October 27, 2008

Why the US dollar is rising … when it shouldn’t be

A lot of people have seen their purchasing power disappear overnight because their currency has eroded very drastically over the last few weeks.  In Canada, the loonie was trading at about par with the US dollar about 2 months ago and now it’s down around the $0.75-$0.78 range. A lot of people have been scratching their heads trying to figure out why. And along comes […]

October 18, 2008

The Solution to Casino-Capitalism?

Ralph Nader has some timely suggestions for reducing or eliminating what he calls ‘casino-capitalism’:  a tax on transactions. Full story here. So what do you think?  Would the powers that be even remotely consider a tax on their own transactions?  No. That would be like asking a Ford to impose a tax on its own engines. I’m sorry if I sound resistant to the idea.  […]