Saul Eslake

Inflation Silently Works to Destroy Your Wealth

Posted on February 26th, 2010 in aus, aussie dollar, Austrian School, cent, Christopher Joye, deflation, Fannie Mae, Freddie Mac, inflation, Market News, micro cap, National Housing Supply Council, perth, RBA, Reserve Bank of Australia, Saul Eslake, stock market

This morning we’re still chuckling away at Christopher Joye’s ‘revelation’ about the stock market being risky – 11.6 times riskier than cash apparently. Bless him.
We’re looking forward to his next bombshell. Maybe he’ll reveal to the world that water is wet! What? It is? [Shae, quick, get Einstein, Newton and [...]

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How Inflation Forces You to Take Risks

Posted on February 03rd, 2010 in aus, aussie dollar, cent, central banking, Chris Joye, Commonwealth Bank, debt bubble, End the Fed, End the RBA, Market News, micro cap, monetary inflation, perth, RBA, Saul Eslake

In the United States there’s an ‘End the Fed’ movement. It’s a group of people who as a minimum would like to see the Federal Reserve audited, but at best would like the whole darn thing abolished.
It’s gained quite a following among those who believe in ‘Sound Money’ rather than fake paper or plastic [...]

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Debt Will ‘Roon’ Us – In Response to Saul Eslake

Posted on January 18th, 2010 in aus, aussie dollar, Australian household debt, cent, Dan Denning, debt, GDP, Market News, micro cap, perth, Ponzi scheme, Saul Eslake

“You’ll like this” Daily Reckoning editor Dan Denning smiled last Thursday as he lightly dropped onto our desk a print out of former ANZ chief economist Saul Eslake’s article from The Age.
“Debt won’t ‘roon’ us” was Saul’s headline.
Actually, he’s wrong. Because it will impoverish everyone.
Even those without debt. But I’ll explain all that [...]

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