Money illusion
Failure to perceive that the dollar, or any other unit of money, expands or shrinks in value
inflation
Will the inflation fight torpedo the stock market?
The conquest of inflation was a landmark accomplishment with enduring benefits, but it came with heavy costs. After a brief recession in 1980 and a short rebound, the economy slumped deeply in 1981 and 1982
The economy and the stock market
We do not have, never have had, and never will have an opinion about where the stock market, interest rates, or business activity will be in a year from now
Risk when markets are down
Here were financial people who could seriously consider that stocks are less safe because they have declined in price than they were after they had advanced in price
My thoughts about inflation
Sensible professionals wondered if they should take up hunting and fishing
Chart distortions that drive me crazy
Going parabolic and other lies
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