Tag Archives: money

When inflation isn’t.

Posted on February 17, 2013 by Oleg Volk

In my previous post, I cited the rise of ammunition and restaurant meal prices as examples of inflation. That wasn’t the whole story. Inflation is what happens when the amount of money in circulation increases faster than the supply of … Continue reading →

Posted in civil rights, weapon | Tagged , , | 6 Comments

The economics of gun control.

Posted on December 30, 2012 by Oleg Volk

We talk often about the technical aspects of gun control. Arbitrary specifications, capricious enforcement, massive mis-allocation of resouces… What are the financial effects of gun control as proposed by Feinstein and others of her kind? The most immediate effect is … Continue reading →

Posted in Uncategorized, civil rights, self-defense | Tagged , | 3 Comments

The Hidden Inflation.

Posted on December 4, 2012 by Oleg Volk

Producers are under two pressures: to raise prices to account for the loss of purchasing power of each dollar, and to lower prices to attract customers with declining incomes. They most obvious way to accomplish both is to keep the … Continue reading →

Posted in civil rights, sound suppressor | Tagged , , , | 9 Comments

Inflation Estimate

Posted on November 28, 2012 by Oleg Volk

My best estimate for inflation on my own consumer goods basket this year is 21% rather than the official 3%. Product and service quality have dropped noticeably to maintain a price point. Personal incomes have dropped largely because government spending … Continue reading →

Posted in Uncategorized | Tagged , | 7 Comments

A question for the economists

Posted on October 2, 2011 by Oleg Volk

Would a US government default on its obligations necessarily or even likely mean that private companies would have a harder time borrowing money?

Posted in advice requested | Tagged , , , | 18 Comments

What’s in his nassssty pocketsssesss?

Posted on June 19, 2011 by Oleg Volk

In Sprague de Camp’s Lest Darkness Fall (now available freely on-line!), a historian visiting Rome gets shunted from 1939 to 536AD. Besides half-way decent knowledge of Latin, he has what was in his pockets at the time of the transfer: … Continue reading →

Posted in book, interesting people, knife, pistol | Tagged , , , | 21 Comments