kelly pierce

Inflation: Are We Victims of Irrational Pessimism?

james,

Would you believe the earth is flat just because the United States government says so? That's essentially what you are doing for inflation. Go to the dictionary and read the definition of inflation. It's all about excess money chasing a limited amount of goods and services. Money is now being created at the rate of about 12 percent or so a year. TIPS won't keep up with that level of money creation buddy.

Taking Stock in Ethanol: Risks, Challenges and Opportunities

With the introduction of low sulfur diesel fuel, diesel is now cleaner than gasoline. Further, vehicle mileage per gallon is greater than gasoline. Ethanol is about a quarter less efficient. To me, it makes sense if more people used diesel than ethanol. I'm cautious about jumping whole hog into ethanol, as the massive government subsidies seem to keep the industry afloat. I'm worried that investors will lose interest in ethanol companies as more realize that diesel is the better alternative for those living in the largest oil consuming country, the United States.