People always ask me if they should buy gold. I always tell them it’s overvalued, but I’ve been saying that for years. Gold keeps going up in price for no good reason. That’s how bubbles are. It may be obvious that an asset (Beanie Babies, tech stocks, residential real estate) is overvalued, but the price… [Read More]
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Tag: hyperinflation
Hyperinflation, Syria style
We’re nearing the fifth anniversary of the financial crisis. Over the past five years, so many people in the United States have been arguing about inflation even though we have (probably) been in a state of deflation. And, the arguments about inflation have started from the point that all inflation is bad. A little inflation… [Read More]
Sorting Through Some Stamps
A while ago, I was at a shop on the North Side of Chicago called Transistor, looking for presents for a few people on my list. I saw some great jewelry featuring sections of old stamps made by a company called Foxglove Accessories. When I was a kid, I collected stamps, and I had some… [Read More]
