Most people hate the rich. And why shouldn't they? The rich are good at hogging the good things in life. That’s why they’re rich, after all.

You’ve heard of the "miracle of compound interest."  Well, there's a similar miracle at work in the rest of life.

There are times when a common lifeboat has greater utility than a luxury sailboat.

In the first quarter, the economy grew at a 1.8% annual rate, said the estimate. That is equivalent to the average real rate of growth for the US economy since 1925. The only trouble is, this growth isn't real.

From the point of view of a modern economist, nothing stimulates better than a bank robbery.

In the past, a central banker was meant to be anonymous, quiet, hidden away somewhere so far in the background that the ordinary man wouldn’t know his name or recognize his face.

Seventy-nine percent of household income growth since 2007 has come from government transfer payments. People earn less real money. They have less real money to spend.

What’s the real rate of inflation? It depends on how you figure it. The Labor Department shows consumer price inflation at barely over 2 percent.

The feds openly and explicitly try to cause inflation. Ben Bernanke made it very clear. He was worried about deflation. He practically made his career as a deflation expert.

Investors are still confident in US bonds.  Then again, investors were still confident in US houses in 2007, and still confident in US tech stocks in 1999.