Inflation Revisited

  A problem good students have is that when they are discouraged from understanding something, they take the hint. I’m attempting to boil away some of the mystical malarkey around our everyday understanding of inflation. Don’t demand to understand or agree with every detail. Inflation is a catchall for rising prices. I don’t have the prescription for rising prices. What I can do is categorize inflation first by currency and then by class. Use of this generic term obscures the distinction between currency inflation, our currencies value against other currencies and domestic inflation when our prices increase but stay in range of other nations or the price of oil. At this point there may be some free market(oxymoron) apologists who make their living prattling that currency inflation can be ignored: -The market will adjust. Cheaper currency means greater competitiveness in the world markets. This will lead to innovation and growth in the cheaper country. After which we all h...

Arafat Conspiracy

This is an example of the dog that didn’t bark. Arafat was killed by polonium poisoning. This poison has the property of leaking residue all over the place, which residue is traceable to whichever nuclear reactor created it. Any intelligence agency worth anything has its own private sample of this poison and determined which country killed Arafat and no one is saying.
 
If it were Israel, the stool pigeons would have reached a crescendo. This leaves one likely candidate.
 
The poisoning of Litvinenko two years later by polonium seemed odd. It appeared that Russia intended to put a big greasy thumb print on the murder as a warning to other dissidents. Were they also waving a big sign pointing at Arafat?
 
Currently the US government has claimed the right to murder terrorists. But this was the poisoning of a world leader in 2004. It appears that taking out Saud’s stooge was irresistible to the Bush administration

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