llterry5

February 8, 2017
Published by llterry5 at February 8, 2017
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SHI Update 2/8/17: Occam’s razor

Of course, we can say it more scientifically: “Among competing hypotheses, the one with the fewest assumptions should be selected.”  But this really means the same […]
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February 4, 2017
Published by llterry5 at February 4, 2017
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The FEDs Trillion Dollar Balance Sheet

I’m often asked about the FED balance sheet.    Usually about its large size and how a FED decision to shrink it might roil US and global […]
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February 1, 2017
Published by llterry5 at February 1, 2017
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SHI Update 2/1/17: “You’re FIRED!”

That didn’t take long. On Monday, President Trump fired US Attorney General Sally Yates.   She instructed lawyers working for the Justice Department to ignore the executive […]
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January 29, 2017
Published by llterry5 at January 29, 2017
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How to Ruin a Country in 15 Years

Once the richest country in South America, Venezuela is now its poorest.    Last year, inflation was about 800%.  The IMF estimates 2017 inflation will be 2,200%.   […]
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