How to Protect Your Life Savings from Hyperinflation & Depression, 2nd edition index part 2
liquidity demander 262
liquidity provider of last resort 262
liquidity risk 104, 210
liquidity trap 13, 80, 84, 124
Lithuania 209
Little Book of Common Sense Investing 284
livestock 90, 98, 115, 148, 151, 202, 254
Livingston, TX 155
livres 90
livre tournois 89
LLC vs S&R Playhouse Realty Co. 104
loan-contract terms 18
loan limits 218
loan modifications 217
loan payments 49
loan-to-value ratio 82
local government 4
local taxes 82
locked-in mortgage 241
lock in 135, 203, 229, 238, 241
lockstep 210, 276
logging 187
Loma Prieta Earthquake 67
Lombard Street 93, 262
London 3, 39, 94
London Gold Pool 99
long 79, 126, 152, 170, 224
long-term 145, 187, 267
long-term assets 72, 263
long-term bonds 267
long-term capital gains 161, 183
Long-Term Capital Management 36, 85, 102, 103, 224, 225, 228, 257, 266, 269
long-term-care insurance 154, 268
long-term contract 12, 50, 59, 92, 108, 133, 214, 275
long-term fixed-rate bonds 219, 238
long-term hedge against inflation 197, 203, 262
long-term income streams 223
long-term inflation 203
long-term inflation hedge 190
long-term investment 39
long-term leases 50, 199, 223
long-term ownership of real estate 202
long-term risk-management strategy 145
long-term service contract 158
look busy 107
loophole 109
loose coupling 225
Lorenz, Edward 24
Los Angeles-Riverside-Orange County 137
Lost Decade 46, 53, 82, 124, 204, 208
lottery 109
Louisiana 252, 279
Louisville & Nashville R.R. v. Mottley 178
low-debt-to-equity ratio 185
Lowenstein, Roger 284
low-income people 48
luck 13, 23
Luddite 228
Ludwig Von Mises Institute 284
lumber 201
lumps of silver 180
luxury goods 73, 112, 136, 146
Lydians 88
M
machines 83, 188, 189
Mack, John 244
macroeconomic solution 278
Madagascar 118
Madison, James 49
Madoff, Bernie 69, 269
Madoff Securities 257
Mafia currency 69
magnetic strip cards 193
mail 62
mail-forwarding service 155
mail orders 180
Maine 62, 100, 149, 246, 252
Main Street Lots 199
maintenance 148
major metropolitan areas 137
make-work jobs programs 31, 74, 84, 98, 115
Making of Index Numbers 340, The 139
malfeasance 268
Malkiel, Burton 284
managed economy 281
management 170, 189, 215
Manchuria 95
mandate 96, 119
manganese 172
Manhattan Island 178
manias 13, 33, 36, 37, 38, 73, 111, 204, 284
Manias, Panics, and Crashes 33, 36, 73, 111, 204, 284
manipulating 224
manufactured goods 268
manufacturing 7, 18, 58, 63, 70, 77
many-sided coin 24
margin 25, 152, 189, 215
marginal tax bracket 236
marginal tax rate 170
margin call 94, 153, 170, 210, 222, 224, 242, 261, 262, 264, 274, 275
margins 222
margin trader 215
mark 52, 57, 58, 67, 206, 219
mark-denominated bonds 71
market basket 134, 141
market interest rate 61, 202, 218
market prices 114
market risk 104
market share fever 34
mark-to-market accounting 262, 263
married couple 251, 252
Marshall, John 87
Martin, Jr., William McChesney 34, 99
Marx, Karl 92
Maryland 9, 125, 252, 271, 272, 278
Mary Poppins 39
Massachusetts 139, 149, 252, 271
mass transit 198
mass-transit token 193
matchmakers 182
match maturities 118
matchsticks 187
materiel 195
math 157
mathematical model 227
Mathematician Plays the Stock Market 284
mathematics of finance 157
mattress 84, 233, 255
maturity 39, 232, 235, 237, 239, 240, 241
maturity-matching issue 267
maturity mismatch 102, 268
Mauboussin, Michael J. 284
maximize revenue 279
maximum 40-hour workweek 99
maximum hours 99
Maylasia 102, 124
MBA 67, 72, 227, 267
McCabe, Thomas B. 99
McCulloch v. Maryland 87, 91
McDonald’s dollar value meal 214
McDonald’s hamburger 142
McGovern, George 100
McGuire, Shayne 200, 207, 240, 283
McKinley, William 93
McKinnon 114
McReynolds, James C. 168, 169
mean 164
means-testing 50, 278
mechanics 159
media 32, 190
media distortion 67
median U.S. home price 252
Medicaid 2, 27, 50, 70, 108, 139, 258
medical procedure 275
medical savings accounts 253
medical services 154
Medicare 1, 2, 4, 27, 50, 70, 108, 139, 258
Medicare Trustees Report 1
medium of exchange 13, 141, 177, 181, 193
medium term 262
Mellon, Andrew 117
melt down 206, 278
melting 104, 164
melt-to-face-value ratio 265
melt value 27, 96, 157, 165, 166, 169, 171, 172, 178, 217, 264
Mengel Co. 187
men’s suit 181
menu cost 64
merchant accommodation bills 90
merchant card processor 62
Mercury Magazine 147
mergers 127
Mero, Lazlo 284
Merrill Lynch 17
Merrill Lynch Ready Assets Trust 100
Merriwether, John 85, 266
Merton, Robert 230
Mesopotamia 88
metals 102
Metropolitan Savings 233
Mexican inflation 102
Mexican peso crisis 102
Mexico 99, 101, 102, 194
Meyer, Eugene 95
Miami 44
Michigan 252, 271, 272
Microsoft 266
Middle Ages 167
middle class 110
mild climate 150
military 3, 71, 139
military clothes 254
military health care 70, 108
military pensioners 139
military personnel 82
milk 15, 148, 180, 182, 189
Milk Control Act 97
Miller, G. William 100, 101
Minarik, Joseph J. 12
minimize capital expenditures 279
minimize expenses 279
minimum-balance 231
minimum contract size 152
minimum futures contract 152
minimum investments 272
minimum-size contract 152
minimum wage 55, 83, 97, 98, 99, 115
minimum wage for women 98
mining 77
Minneapolis 194
Minnesota 252
Minnesota Mortgage Moratorium Act 97
minority homeowners 103
miracle growth program 55
Mises, Ludwig von 94
misfeasance 268
Mississippi 252, 271, 272
Mississippi Company 90
Missouri 252
MIT 63
mob 239
models 228
moderate climate 149
modifying the mortgage 218, 248
Modigliani, Franco 187
modular home 246
Moivre, Abraham de 90
Moley, Ray 26
monetarists 40
Monetary Correction Index 140
monetary crises 18
Monetary Dynamics of Hyperinflation 73
Monetary History of the United States 53, 99, 166, 283
monetary policy 8, 33, 51, 88, 97, 105, 106, 121, 177
monetary system 8, 85
monetize the debt 50, 71, 240, 278
money market deposit account (MMDA) 101, 105, 123, 236, 265, 275
money market funds 16, 41, 83, 105, 231, 236, 271
money market rate 100, 231
money supply 15, 17, 18, 28, 31, 38, 42, 58, 65, 71, 81, 91, 92, 95, 101
monopoly 4, 213, 278
Montana 252
Montgomery Ward 257
Moody’s 104, 211, 242
Moraga 150
Moral Calculations 284
moral hazard 53, 204, 210, 229
morals 66
moral suasion 116
moratoria 126, 248
More than You Know 284
Morgan, J.P. 41, 93, 226, 227
Morgan Stanley 104, 120, 226, 244, 259
Mormons 106, 151
Morse, Samuel 136
mortgage-backed securities 102, 104, 222, 241
Mortgage Bankers Association 122
mortgage borrower 124
mortgage broker 54
mortgage defaults 102
mortgage disability insurance 216
mortgaged real estate 215
mortgage lender 251
mortgage payment insurance 216
mortgages 9, 12, 17, 54, 57, 59, 61, 70, 72, 78, 79, 81, 99, 103, 123, 158, 197, 199, 214, 215, 223, 228, 229, 235, 236, 241, 246, 248, 249, 268, 274
mortgage-to-property-value ratio 189
mortgage underwriting 54
motor vehicle fuel 156
motor vehicles 188
Mottley 178
move-up existing home 74
moving 251, 274, 278
moving expenses 218
Mozambique 118
MP3 players 264
Mr. Market Miscalculates 284
multi-fuel option 153, 156
multiplier 228
multi-story buildings 198
multi-year labor contracts 214
multi-year projections 223
municipal bonds 237, 267
municipal governments 195
municipal high grade bonds 268
municipality 251, 266
municipal laws 266
musical instruments 254
Mutual Exchange 194
mutual funds 170, 231, 267, 271
Mutual Holding 233
MyStockPower 186
N
nails 173
naked short selling 126
Napoleon 49
Nash, Jr., John 40
Nash Motors 190
national 137
national bank “holiday” 96
National Banking Act 93
national banks 92
National Bureau of Economic Research (NBER) 5, 47, 284
National Constituent Assembly 90
national debt 1, 3, 29, 60, 82, 110, 112, 206, 234, 240
National Debt Clock 1
national-debt-to-GDP ratio 7, 108, 111, 210, 234
national disgrace 68
National Economists Club 104
national government 257
National Housing Act of 1934 97
National Industrial Recovery Act 97
Nationalist party 66
nationalization 117
National Labor Board 97
National Labor Relations Act 98
National Labor Relations Board v. Jones & Laughlin Steel 98
national minimum wage 99
National Monetary Commission 94
National Park Service 3
national psyche 68
National Recovery Act 114, 115
National Reorganization Process 117
National Taxpayer Advocate 130
National Transportation Safety Board 53
National Weather Bureau 228
Natural and Political Observations...Made upon Bills of Mortality 90
Natural Development Association 194
natural gas 102, 112, 147, 152, 156
naturally-occurring events 16, 226
natural rate of unemployment 41
natural risks 276
Nazi currency 207, 209
Nazi Germany 13, 51, 66, 71, 127, 128, 156, 257
NCDEX Commodity Index 140
Nebbia v. New York 97
Nebraska 252
necessities 146
Neely, Christopher J. 113
negative 112
negative cash flow 75, 279
negative current cash flow 238
negative equity 217
negative interest rate 80, 236
negatively correlated 210
negative-net-worth companies 262
negative real interest rate 10, 18, 69, 235
Negotiable Order of Withdrawal (NOW account) 100, 101, 102, 123, 232
negotiate offers 218
neighborhood 198, 261
neighborhoods going bad 264
nepotism 121
Nero 169
net assets 215
net borrower 60, 277
net creditor 249
net debtor 73, 248, 249
net income 141, 189, 215
net income growth 38
net lender/saver 60, 72, 247, 277
net operating income 200
net owners of assets denominated in currency 12
net present value 223
net worth 2, 73, 213, 245, 255, 274
neutral position 189
Nevada 78, 94, 252, 271, 272, 278
New Bankruptcy, The 254, 284
new building 166, 201
New Deal 25, 31, 83, 115, 124, 239
new debt 214
new enrollees 271
New Financial Order: Risk in the Twenty-First Century 71, 138, 194
Newfoundland 98
New Hampshire 149, 252, 278
New Jersey 128, 252, 278
New Jersey’s Tenants Rights law 266
new laws 281
newly mined gold 166
new markets 33
New Mexico 252
new normal 280
new products 135
Newsweek 78
New York 44, 115, 116, 123, 149, 150, 194, 252, 278
New York Fed 53
New York-New Jersey Port Authority 194
New York-North. NJ-LI 137
New York Stock Exchange 93, 126, 209
New York Times 5, 259
New Zealand 207, 257
Nicaragua 94, 118
nickel 104, 172, 265
nickels 27, 164, 217
Nikkei stock index 82
NIRA 97, 98
Niskanen, William 115
Nixon, Richard 1, 100, 109, 112, 115, 116, 169, 209
Nobel Prize 8, 230, 266
no-equity homes 204
Nogales 194
no-longer-circulating coins 172
nominal 10, 255
nominal face value 235
nominal interest rate 10, 75, 188, 235, 240
non-circulating U.S. silver coins 180
nonconfiscatable 167
nondischargeable debt 246, 274
non-dollar homestead exemptions 252
non-dollar limits 254
non-federal currency 193
non-federal currency exchange 131
non-fiat money 86
non-fiat money liquid assets 263
non-gains 277
non-government currency 278
non-money world 178
non-perishable 181
non-profits 195
nonrecourse mortgage 79, 81, 132, 203, 204, 215, 217, 222, 248, 249, 251, 265, 273, 274
non-residents 271
nonsustainable 38
non-TIPs Treasury bond rate 236
Nordstrom 181
normal 128
normal accident 222, 224
Normal Accidents: Living with High-Risk Technologies 224
normal distribution 15, 90, 227, 230
Norman v. Baltimore & Ohio Railway Company 168
North Carolina 252
North Dakota 252
North Korea 46, 206
Nortz v. United States 168
Norway 102, 207
no skill 228
notes 59
Notre Dame 281
NPV 223
NRA 120
NRA Code 115
NRA emblem 114
nuclear power plant 222
numismatists 165
O
Oak Hill 194
Oakland 150
Oates 114
Obama, Barack 1, 3, 26, 29, 36, 43, 49, 72, 116, 119, 122, 124, 169, 185, 208, 259
Obamacare 2, 3, 208, 258
objective units 278
objects of art 166
obsolescence 59, 152, 156, 184, 261, 264, 265
oceans 148
October 19, 1987 16
OECD 108
Office of Thrift Supervision 104
offices 203
Official Kelley BlueBook 284
off-the-books liabilities 126
off the grid 147, 150
off the money and tax grids 159
off the tax grid 132
off the utility grid 147
OFHEO Home Price Index 133
Ohio 5, 82, 109, 125, 185, 194, 195, 233, 252, 267, 271, 272, 278
Ohio Life Insurance and Trust Company 92
oil 100, 102, 122, 228, 276
oil drilling 55, 276
oil embargo 58
oil reserves 189
Oklahoma 94, 252, 254
older people 12
Old Spice 191
Olwine v. Torrens 169
Omnibus Budget Reconciliation Act of 1989 132
one-child policy 207
One-Hoss Shay 151
one-of-a-kind item 184
one-way indexing 139, 173, 246
one-way inflation index 277
one-way quote 225
on strike 263
On the one hand... 67
operating expenses 200, 217
operating funds 275
operational risk 104
opportunity cost 83, 157, 166
option pricing 54
options 88, 92, 100, 105, 204, 210, 221, 222, 276
ordinary income 178
Oregon 94, 252
O’Reilly, Bill 153
Organization of Petroleum Exporting Countries (OPEC) 46, 100, 104, 121
O-rings 224
OTN 140
Our Daily Bread 148
outhouse 147
out-of-date homestead exemptions 252
out-of-state college 271
output of goods and services 82
outsource 43, 210
Oval Office 4
overcharging 40
overnight loan 231
overregulation 40, 45, 224
overseas branches 266
overstimulate 52
over-the-counter high tech stock boom 103
over-the-counter (OTC) 139, 170
P
packing materials 187
Paine, Thomas 8
Pakistan 103
palladium 161
Panama 96
Panama Refining Co. v. Ryan 97
panic 13, 33, 36, 37, 73, 111, 127, 191, 204, 263, 284
Panic of 1819 91
Panic of 1907 94
paper money 8, 29, 86, 90
Parker v. Davis 93
parliament 90
partial tuition 272
partnership 83, 96
partnership agreement 225
party 112
party pooper 37
Pascal, Blaise 89
passbook savings account 199, 233
passive investing 37
passive loss limits 266
passive solar 150
past performance 228
patents 59
Paul, Ron 8, 34, 53, 60, 171, 203, 283, 284
Paulson, John A. 2
pawnbroker of last resort 262
Pax Americana 42
PayPal 17, 59, 193
payroll tax deductions 98, 246
peanuts 171
Pearl Harbor 99, 127
penalty 130, 239, 240, 246, 275
penalty for early withdrawal 118
penalty of death 88
pendulum 164
Penn Central Railroad 100
Penn Square Bank 102
Pennsylvania 149, 252, 271, 272
penny 279
pension 55, 132, 136, 161, 253, 274, 275
pension account 237, 240, 269
pensioners 72, 139
pension exemption 255
pension funds 123
pension restrictions 270
pensions 12, 13, 15, 108, 109, 111
People’s Party 93
P/E ratio 25, 186, 189
percentage-of-ownership-denominated 186
perfect 162
Perils of Financial Innovation 262
perishables 181
permanent boom 46
permanent roof 151
Perrow, Charles 224
Perry v. United States 168
Personal Consumption Expenditures Price Index 133
personal finance 267
personal income tax 279
personal loans 268
personal loss 131
personal property 12, 131, 157, 246, 253, 254
personal property for personal property 178
personal property taxes 155
Personal Responsibility and Work Opportunity Reconciliation Act 103
perspective 18
Peru 96, 118
Peruzzi Bank 89
pesos 63
Peterson, Joe 155
petroleum 112
pets 254
phantom gain 131
Pharaoh 88
Philadelphia 148
Philippine law prohibiting export of silver coins 94
Philippines 113, 118
photographs 184, 273
photos 254
physical gold 170
physical units 63
pigs 76
PIIGS (Portugal, Italy, Ireland, Greece, and Spain) 127
Pioneering Portfolio Management 187, 201, 237, 284
plain English 244
Plan A 177
Plan B 177
Plan C 177
platinum 161, 171, 181
playing by the rules 13
plow 182
point of diminishing returns 150
poker 40
Poland 65, 99, 118, 127, 207
police 13
policeman of the world 42
policy limit 17, 59, 267, 268
political correctness 43
political favoritism 116
political opposition 128
political rhetoric 112
politics 28, 47, 48, 210
Ponzi, Charles 94
Ponzi scheme 38, 69, 94, 170, 272
poor 8, 12
poorhouse 166
Poor Richard’s Almanac 279
population growth 55
populist 93, 105
pork belly futures 163
portable 14, 179
Portugal 127, 206, 207
positive cash flow 279
positive real rate of return 78, 84, 219, 233
possession is 9/10s of the law 146, 270, 275
postage 158
Postal Savings deposits 94, 95, 99, 234
post-bankruptcy net worth 255
post office 264
Post Office Department 99
postponement 74
post-World War II America 199
Potemkin Villages 14
Poulos, John Allen 284
pound-denominated bonds 210
pound sterling 46, 65, 86
Power Macintosh G-5 minitower 142
power outage 120
pre-1965 U.S. silver dime 164, 180
pre-1983 pennies 27, 104, 164, 172
pre-bankruptcy planning 18, 273
precious metal coins 89
precious metals 12, 19, 58, 86, 112, 140, 161, 169, 178, 263, 264, 270
preconceived notions 19
Predictably Irrational 284
pre-existing conditions 229
preferred stock 7, 186
premium 11, 229, 235, 240
pre-paid college education trusts 253
prepaid mass transit cards 59
prepaid phone cards 18, 59
prepaid tuition plan 271
prepayment layers 241
prepayment penalty 238, 241
prepayments 241
present value 235
President 32, 36
pressure relief valves 228
pressuring 116
previous bankruptcy 246
price ceilings 114, 115
price concession 262
price-control laws 63, 70, 83, 89, 98, 109, 112, 113, 114, 116, 117, 124
price controls on interest rates 113
price-fixing cartel 84, 98, 119
price floors 115
price-gouging 30
price indices 18
price-support laws 31
primary source of repayment 217
principal adjustments 277
principal amount 213, 237, 240, 242, 246, 247, 277, 281
principal residence mortgages 249
Principles of Economics 106
printed 58
printing money 4, 9, 14, 31, 78, 114, 122
printing press 4, 58
printing too much money 18
prison 91, 96, 166
prison movies 183
privacy rights 53
private 271
private credit exchanges 183
private currencies 193
private equity 53
private option 31
private schools 271
privatize 111
probability 229
probability and statistics 23, 90, 157, 202
probable-cause 146
probate 77, 146
Procter & Gamble 191
producer 26
Producer Price Index 133
production cycles 137
productivity 279
professionals 57, 159
professors 72
profit margin 109
profits 12, 17, 271
programmed trading 191, 227
progress 128
Progressive Independent 194
Prohibition 69
promissory notes 195
propane 156
property 279
property and casualty insurance 268
property taxes 148, 199, 217, 246
property value 225
Proposition 13 247
proprietary 53
prosecute 117, 167
prospectus 228
prostitutes 14
protectionism 31, 81, 112, 115, 119, 210
protectionist tariff 109
protection money 123
protection racket 123
pro-union laws 31, 115
provinces 117, 193
Provincial currencies 109
pseudo gold standard 95
psychology 47, 66, 67, 157
Public Law 93-110 100
publicly-traded corporation 14, 18, 185, 189, 257
public market 226
public nuisance 199
public opinion 41, 76
public opinion poll 73
public policy 125, 167, 171
public-sector pay and pensions 111
Puerto Rico 113
punch bowl 34
punitively taxed 180
purchase-money mortgage 222, 249
purchase order 62
purchasing power 6, 9, 10, 12, 15
purchasing-power neutral 203
purses 264
push a chain 28
pushin’ broom 179
pushing on a string 28
put option 79, 203, 210, 215, 221, 277
pyramid-sales scheme 38, 151
Q
qualified retirement plans 130
quant 41, 227, 228, 266
quarters 264
quick-sale value 264
R
race track betting 14
racial 228
racial discrimination 44
racism 111, 258
Radio Shack TRS 80 computer 135
railroad 258
railroad shipping charges 178
rainy day 19, 63, 78, 233
raise taxes 4, 29, 32, 41, 278
raising taxes 31
Ralph Lauren Polo 181
ramps 281
ranch 245, 255
ranchers 77
Rand, Ayn 9
randomly selected events 226
random sample 16
Random Walk Down Wall Street 284
rare coins 166, 172
rating organization 211
ratio, household debt to GDP 102
ration 116
rationality 35
ratio of gold to silver 45
ratios 210
Readers Digest 257
reading 157
Reaganomics 42
Reagan, Ronald 5, 10, 42, 45, 47, 49, 67, 70, 71, 73, 78, 101, 107, 112, 116, 170
real (after adjustment for inflation) value 112, 215
real (after inflation) interest rate 214
real after-tax interest rate 70
real balance sheet 64
real estate 12, 13, 25, 37, 38, 57, 58, 59, 75, 77, 82, 90, 95, 102, 112, 138, 141, 158, 188, 189, 199, 200, 214, 215, 228, 234, 246, 261, 262, 264, 265, 274
real estate agent 54, 218
real estate appraisal 200
real estate bubble 101
real estate crash 280
Real Estate Finance Techniques 138
real estate for real estate 178
Real Estate Investment Strategy 284
Real Estate Investor’s Monthly 219, 284
real estate loans 204
real estate salesman 14
real gains 135
real home price 82, 204
real interest rate 10, 75, 157, 230, 235, 255
real loan balance 60, 81
real mortgage balance 70
real net worth 60, 129
real property 131, 249
real rate of return 280
real-time CPI 138
real-time price index 129, 140, 202, 268, 275, 277
Realtors® Median Home Price Index 133
real value 60, 71
real value of debt 60
real wage growth 108
reasonableness 245
rebellion or invasion 120
receivables 18
recession 13, 39, 40, 42, 45, 46, 51, 52, 60, 64, 67, 68, 69, 72, 78, 80, 83, 98, 109, 186, 188, 200, 210, 229, 258, 284
Reciprocal Trade Agreement Act 97
Reconstruction Finance Company 95
recourse junior mortgage 250
recourse mortgage 79, 80, 203, 204, 217, 218, 222, 251, 268, 273, 274
recovery 284
recreational vehicle 74, 154
redemption 239, 240
rediscount rate 95
redistribute 49
redistributions of wealth 71
red lights 36
red-necked Mayberry 149
Reed, John T. 283, 284
Reed’s Rule of Thirds 19
Reed’s Rules of Inflation/Deflation Protection 18, 19
Reed’s Rules of Real Estate Finance 146, 222, 240
refinance 70, 96, 122, 222, 237, 238, 239, 241
refunds 130
regional economic downturn 266
regression to the peak 164
regression toward the mean 164
regressive 10
regret 157, 248, 275, 282
regulated 225, 243
Regulation Q 97, 100, 102, 111, 123
regulators 126
Reichsmarks 209
Reign of Terror 90
Reinhart, Carmen 9, 29, 32, 43, 53, 110, 284
relatives 107
relative value 178, 209
remainder estates 268
remainderman 268
reminting 164
remote location 155
renege 258, 272
renege on the deposit insurance 122
renovation 74
rent 12, 141, 199, 217, 275
rental properties 273
rent control 40, 55, 114, 116, 117, 125, 166, 264, 266
Rentenmark 95, 118, 219
repair 74, 159, 217
reparations 95
replacement cost 200, 268
replacements 148
repossess 274
representative basket of goods and services 136
Republicans 72, 128
Republic, Dominican 94
reputation 72, 108, 182
Requiem for the Dollar 85, 166, 284
resale value 146
rescue committees 127
reserve currency 46, 114
Reserve Primary Fund 232
reserve requirements 111, 113
reserves 46, 95, 101, 166, 205, 241, 265
reserves phenomenon 241
Resolution Trust Corporation 102, 103
restaurant meal 74
restitution 246
retail clerk 128
retailers 62, 117, 198
retaliatory tariffs 25
retire early 154
retirement 111, 154, 170, 246
Return of Depression Economics 27, 284
returns not filed 246
Reuters/Jefferies CRB Index 133, 140
revenues 278
revolt 278
revolution 3, 45
Revolutionary War 33, 90, 106, 139, 167
Rheuban, Andrew 199
Rhode Island 252, 278
Ricardian Currency School 92
rich 4, 12
riots 117, 119, 229
risk 188, 227
risk analysis 90
risk-free rate 236
risk management 11, 17, 222, 228, 229, 239, 263, 268, 276
risk preference 90
risk premium 60, 61, 188, 236
risk-reducing mechanisms 13
risk takers 11
risky behavior 34
rivers 148
Roaring Twenties 6, 76, 281
Robertson, Julian 261
Roberts, Russ 23
Robinson Crusoe economics 40
Robus, Greg 154
Rockefeller, John D. 94
Rockingham Avenue 254
Rockne, Knute 281
Rockwell, Jr., Llewellyn H. 284
Rogers International Commodity Index (RICI) 140
Rogers, Will 17
Rogoff, Kenneth 3, 9, 29, 32, 36, 43, 53, 110, 284
rollover 72
Roman 89
Romania 119, 207
roof 189, 201, 275
roof, permanent 245
room and board 271
Roosevelt, Franklin D. 25, 26, 72, 76, 96, 97, 98, 109, 113, 114, 115, 116, 117, 120, 121, 122, 125, 166, 169, 172, 194, 239, 281
Rose, Charlie 36
Rothbard, Murray N. 31, 69, 70, 86, 182, 284
Roth, Benjamin 5, 6, 7, 36, 37, 57, 66, 76, 78, 82, 98, 113, 114, 125, 126, 127, 154, 156, 157, 166, 185, 190, 195, 197, 199, 200, 215, 233, 239, 248, 258, 263, 267, 270, 279, 280, 281
Roth IRA 269
Rothschilds banking family 121
Royal Bank of Scotland 82
rubber 102
Rubin, Robert 26
ruble 46, 182, 183
Ruff House 151
Ruff, Howard 151, 284
Ruff Times 151
rugs 161
rule of law 58
rules changes 281
run on the bank 39, 66, 96, 117, 118, 119, 120, 125, 267
run on the country 112
runs 233
runs on the insurance companies 267
rural area 137
Rural Electrification Administration 98
Russia 13, 46, 99, 102, 103, 119, 124, 139, 183, 207, 208
RVs 154, 156, 246, 273
RV shelter homes 156
Ryan, Paul 3, 4
S
safe 188
safe deposit box 78, 84, 119, 146, 152, 158, 170, 174, 255, 256, 273
safe rate 43, 60, 61
safest investments 263
safety 268
Saigon 128
sailboat 28
salary 12, 77, 136
sales 279
sales tax 155, 184, 246
Salomon Brothers 101, 103
Salomon Smith Barney 103
salt 173
Salt Lake City scrip 194
Samuelson, Paul A. 11, 58
Samuelson, Robert J. 13, 40, 42, 47, 49, 67, 78, 283
San Diego 149, 150, 156
San Francisco 140
San Francisco Bay Area 153
San Francisco-Oakland 150
Sarbanes-Oxley 39
Sass, Martin 259
Saturday Evening Post 57
Saudi family 121
save 10, 15, 16, 18, 48, 63, 69, 77, 87, 111, 123, 146, 279
save for a rainy day 78
savings account 15, 48, 101, 123, 125, 199
savings and loan 18, 41, 101, 258, 280
savings and loan mortgage debacle 75, 101, 102, 266
savings bonds 15, 17, 59
scam 69, 242
scapegoat 72, 116
Schachter, Barry 283
Schadenfreude 72
Schechter Poultry Corp. v. U.S. 98, 115, 120
Scher, Les 283
Schlaes, Amity 5, 11, 25, 26, 96, 107, 117, 169, 283
Schumpeter, Joseph 78
Schwartz, Anna 28, 52, 99, 166, 182, 183, 283
Schwarzenegger, Arnold 148
Scotland 90
scrip 58, 120, 131, 182, 183, 194
scrip.com 195
scrip wages 195
SDRs 100
seasonal 116
seasonally adjusted CPI 137
seasonal resort area 154
SEC 103
secondary market for home mortgages 99
secondary source of repayment 217
Second Bank of the United States 91
Second Great Contraction 266
second home 273
second mortgage 239
secrecy 14
secretary 128
Secretary of the Treasury 98, 101, 117, 167
Secret Service 93
Secrets of the Temple: How the Federal Reserve Runs the Country 34, 36, 48, 51, 52, 68, 69, 70, 100, 105, 231, 284
Section 8 90, 91
secured loan 215, 274
secure investments 269
securities 90, 131
Securities Act of 1933 96
securities analysts 126
securities and commodities exchanges 257
Securities and Exchange Commission 96, 97, 126, 232
securities-based insurance policy 276
securities dealers 241, 257, 259
securities exchanges 191
securities investment mutual funds 257
securitization 54, 102
security insurance 261
security law 152
seeds 159, 254
seigniorage 29, 69
seize private property 157
self-amortizing mortgages 197, 274
self-assurance 65
self-confidence 18
self-employment income 83
self-esteem 18
self-fulfilling crisis 67
self-fulfilling prophecy 38, 47, 50, 190, 263, 266
self-help 182
self-inflicted Ponzi scheme 38, 162
self-propelled hobos 156
self-reliance 268
self-storage facility 273
seller-carryback mortgages 249
selling off assets 55
sell short 204
sell-triggering event 227
semi-annual auction 240
seminars 157
Senators 32
senior citizen 135, 148
Senior Citizens’ Property Tax Deferral Program 148
senior exemptions 251
seniority 82
senior liens 274
Sennholz, Hans 284
separation agreement 246
separation of money and state 278
SEPs 15, 237, 240, 269, 270
septic sewer system 147, 148
Serbia 209
service business 51
Service Employees International Union 71
service jobs 18, 63, 83, 268
service sector 78
settled for cash 216
sewer 159
sewing machine 254
Shadow Government Statistics 9, 85
Shakespeare, William 16
shamed 116, 167
shampoo 281
share-denominated 186
shareholders 266
Sharper Image 257
sheep 67
shellfish 159
shelter 145
sheriff sales 199
shield 145
Shihuangdi, Emperor Qin 89
Shiller, Robert 16, 68, 71, 82, 138, 194, 284
Shilling, A. Gary 279
shipping 184
shock 3, 6, 273
shock absorber 13
shopping centers 198
shortage 172
shorted silver 101
short position 2, 79, 152, 153, 170, 216, 222, 224, 225
short sale 126, 204, 218
short sellers 126, 224
short-term 16, 197, 236
short-term appreciation 38
short-term assets 200
short-term debt 38, 68
short-term dollar-denominated assets 219
short-term hedge against inflation 264
short-term inflation 201
short-term loan 274
short-term money 72, 263
shrill 128
sick leave 136
side bets 227
Silberzug 92
silver 6, 10, 18, 29, 31, 53, 86, 87, 88, 89, 90, 91, 99, 101, 106, 111, 121, 129, 131, 161, 164, 165, 171, 173, 174, 180, 262, 264
silver certificates 87, 90, 93, 96, 99, 166
silver coins 87, 89, 99, 170, 178
SIMPLE IRA 269
simple is better than complex 222
Simpson, O.J. 253
Simpsons 158
Sinclair, Joseph T. 283
Singapore 207
single commodity 161
single-family housing 188
Sixth Circuit 104
S.J. Rundt’s Standard & Poor’s Ratings Direct 211
skill 23, 37, 228
slate roof 151
slowdown tactics 125
smallest denomination coin 125
small purchases 194
Smith, Adam 44, 90
Smith, Howard K. 100
Smithsonian Agreement 100
Smoot-Hawley tariff 25, 81, 95
snail mail 62
soap 187
social health 68
socialism 54, 113, 183, 281
socialist 115
socialist party 141
social money 102
Social Security 1, 2, 3, 4, 12, 27, 50, 82, 98, 108, 110, 134, 139, 246, 253, 258
Social Security Act of 1935 98
Social Security trustees 108
Société Générale 104
soft goods 77
soft subjects 157
soil 202
solar 150
solar energy 159
sole-proprietors 148
Solidus 89
solvent 233, 261
Somalia 206
Soros, George 102
sound money 14, 63
soup kitchens 76
South Africa 93
South Bend 149
South Carolina 252, 271, 272
South Dakota 252, 254, 279
South Korea 44
South Sea Company scandal 90, 125
South Vietnamese piasters 207
sovereign 9
sovereign credit default swaps 126
Soviet Union 42, 46, 58, 182
Sowell, Thomas 71, 137, 163, 194, 283
Spain 81, 89, 127, 206
Spanish government 91
Spanish tile 151
S&P Case-Shiller Home Price Index 216
Special Data Dissemination Standard 103
Special Drawing Rights (SDRs) 46, 99
specialists 127
special tax assessment 199
specie 31, 119
speculation 62, 126, 135, 210, 227, 230, 239, 242
speculative borrowing 64
speculative long position 216
speculative mania 89, 90
speculative strategy 203
speculators 11, 57, 152, 209, 224, 229
speed 190, 209
Spencer, Herbert 53
spending cuts 18
spendthrifts 48
spendthrift trust 253
spoil 179
spot (current) prices 173
spreading risk 54
sprinkler system 268
squatters 199
stable currency 13, 15, 34
stagflation 64, 68, 83, 189
Stagg, Amos Alonzo 281
stagnation 186, 189
stamps 161, 180
standard deduction 130
standard deviation 16, 227, 230
Standard Federal Bank 241
Standard & Poor’s 500 Index Fund 16, 153, 186
Standard & Poor’s Commodity Index 140, 163
Standard & Poor’s (S&P) 211, 242
starvation 102
starving billionaires 7
state and local taxes 241
state bankruptcy exemption 159, 245, 251, 254
state constitution 4
state government 271
state income tax 155, 271
state-owned colleges and universities 271
state’s tax laws 279
statistics 118
stealing 112
steam engine 228
steel 164, 201
Steinbeck, John 278
Stein, Herbert 1
stenography 128
stereotype 228
stern father 35
Steward Machine Co. v. Davis 50, 98
Stewart, Jimmy 66
stimulus 258, 276
stitch in time saves nine 35, 40, 127
St. Louis Federal Reserve Board Review 113
St. Louis University 281
stock 224
stock broker 18, 215, 221
stock exchange 5, 97, 126
stock losses 272
stock market 45, 64, 66, 68, 77, 81, 94, 97, 98, 103, 105, 113, 187, 188, 190, 243, 261, 276
stock market crash 5, 25, 54, 68, 77, 78, 95, 102, 141, 191, 227
stock prices 6
stocks 7, 12, 16, 17, 18, 38, 43, 45, 59, 77, 81, 85, 102, 112, 134, 141, 158, 170, 185, 186, 188, 189, 190, 204, 209, 210, 227, 261, 262, 263, 265, 271, 273
Stockton 140
stock traders 24
stop-loss option 277
stop-loss order 79, 203, 215, 221, 266, 271, 277
storage of purchasing power 181
storefronts 198
store of value 8, 13, 15, 141, 177, 181, 270
strained financial situation 171
strategic reserves 116
street demonstrations 117
strike 71, 76
strike price 221, 222, 277
structural change 262
structural changes 190
Structured Investment Vehicles (SIVs) 126
student loans 246
subcontractor 62
subprime 2, 25, 44, 54, 78, 101, 102, 103, 104, 111, 117, 124, 126, 139, 189, 198, 211, 226, 227, 228, 229, 242, 243, 259, 266
subprime crisis 228
subprime mortgage 228
subsidies 119
subsistence farmers 115
substitutability 201
suburban shopping centers 199
suburbs 199
subway tokens 194
Succeeding 11, 281, 284
sugar 173
suicide 5
suit 181
suitability 221
suppliers 62
supply and demand 51, 201, 231
supply and demand are balanced 201
supply-chain contagion 44
supply-side economics 55
Supreme Court 87, 91, 93, 94, 97, 98, 110, 113, 114, 115, 168, 178
surprise inflation 214
survivalism 19, 147, 148
Survival of the Snowbirds 155
survivor bias 187
suspend specie payments 119, 161
swap meet 179, 181, 183
swaps 103, 139
Swaziland 20
sweat equity 131
Sweden 102
Swensen, David 135, 187, 201, 227, 237, 284
swindle 45, 69
Swissair 257
Swiss Franc 65
Swiss Franc-ization 65
Swiss government 97
Swiss WIR Bank 97
Switzerland 25, 98, 166, 257, 258
systems failure 120
T
tails you lose 237, 242
Taiwan 44
taking back a mortgage 243
taking delivery 152
Taleb, Nassim Nicholas 23, 276, 283
tangible assets 12
tariff on imported interest 113
tariff on interest 99
tariffs 25, 84, 100, 108, 109, 112, 116, 123, 124
TARP 258
Taussig, Frank W. 106
tax 10, 18, 29, 50, 277
taxable 177
taxation 32, 64, 157, 278
tax avoidance 269
tax base 110
tax benefits 269, 270, 271, 275
tax bracket 130
tax deduction 70
tax-deferred pension fund 170
taxes 19, 25, 87, 112, 129, 141, 146, 275, 279
tax evasion 111, 117
tax-exempt pension account 237
tax-free 158
tax-free exchange 131, 178
tax-free gain 158
tax-free municipal bonds 235
tax increase 4, 18, 31
taxing social security 130
tax owed 246
tax rates 278, 279
Tax Reform Act of 1969 130
Tax Reform Act of 1986 266
tax revenues 2, 20, 33, 268
tea 173
teachers 72, 77, 127
teaching credential 127
teaching device 177
technology 55, 136
telecommunications 119, 182, 232
telecommute 153
telegraph 136
temps 82
Tennessee 252, 271, 272, 279
Tennessee Valley Authority 96
Tenth Amendment 91, 93
terminal disease 17
term life insurance 267
terrain 202
terrorist attacks 103
Tett, Gillian 226, 283
Texas 64, 105, 155, 156, 245, 252, 254, 271, 272, 279, 280
Thailand 102, 103, 228
theater 33
theft 174
Theory of Money and Credit 94
Third Lateran Council 89
Third World 37, 209, 234
Thirty Years War 89
This Time Is Different 9, 29, 32, 34, 36, 43, 51, 53, 54, 64, 68, 89, 110, 111, 189, 204, 206, 207, 210, 257, 258, 284
Thomas, Elmer 168
Three C’s of Credit 182, 215, 248
Three-Mile Island 222, 224
three-month lag 237
Tiananmen Square 46, 207
Tide 191
Tiger Management 261
tight coupling 222, 223, 225
tight money 81
Tilkin, Gary 283
Tillman, Pat 30
timber 102
time 262
time deposits 126
time disintermediation 263
timed it right 198
time is money 262
time line 88
time the market 77
tin 162, 165
tipping point 6, 273
titanium 165, 169
Title 33 249
tobacco 173, 179, 187
Tobin, James 40
Toffler, Alvin 136
too-heavy-to-ship items 264
tools 15, 159, 181
too much equity 83
tooth fairy 120
top 10% upper-income households 12
total market index 153, 186
total output 11
tourism 112
Tower Records 257
Toyota Camry 131
Tract on Monetary Reform 32
tractor fuel 255
trade 178
trade barriers 115
trade deficit 101
traders 25, 103, 104, 209, 225, 263
trade secret 53
tradesmen 159
trade war 81, 207
trading post 178, 181
Trading With the Enemy Act of 1917 120, 125
transaction costs 148, 170, 182, 223, 238, 240, 241
transactions 84
transparency 30, 103
Transparency International 207
transportation 152
transportation fringe benefits 130
travel 44
traveler’s checks 17, 59
Travelers Group 103
Treasury bonds 29, 37
Treasury Inflation Protected (TIPs) securities 10, 19, 33, 59, 103, 108, 132, 138, 236, 237, 238, 239, 240, 241, 247, 265, 277
treasury notes 87
Treasury Secretary 1, 26
Treasury, U.S. Department of 3, 84, 140, 239, 259
Treaty of Masstricht 102
Treaty of Paris 113
trees 148, 150
triple-glazed windows 150
trolleys 153
truck 273
trueque clubs 102
Truscon Steel Co. 195
trust 15, 18, 30, 122, 127, 139, 141, 146, 183, 193, 194, 206, 209, 234, 259
trustee 240, 251, 269, 270
trustee’s power of sale 249
trustworthy 14, 211
trustworthy countries 19
trustworthy institutions 19
tuition 189, 271
tulip futures 89
turkey 159
Turkey 119, 207, 209
tux 181
TVA 98, 117
TWA 257
Twain, Mark 44
two-tier gold market 99
two-way indexed asset 18, 59, 61, 139, 164, 173, 189, 193, 202, 203, 213, 236, 238, 246, 275, 277, 280
two-way indexed liquid asset 263
two-way price clause 225
two-way streets 167
type of assets 7, 8
types of protection 277
typing 128
U
UBS Bloomberg Constant Maturity Commodity Index (CMCI) 140
UDI 194
UF 141, 194
UF-like units of account 194
Ugarte, Augusto Pinochet 141
Ukraine 119
Ultimate Suburban Survivalist Guide 284
uncertainty 12, 23, 25, 53, 60, 186
Unconventional Success 227, 284
uncorrelated 18, 210, 229
underwater 80
underwriting 228
undistributed profits tax 110
unemployed 6, 13, 25, 34, 40, 67, 77, 81, 82, 94, 98, 109, 148, 182, 215, 253
unexpected high inflation 7, 167, 229, 238
unfunded federal government liabilities 20
unfunded liability 1, 2, 59, 84, 234
unfunded pension and health care obligations 208
Unidad de Fomento 141
Unidad de Fomento (CLF) Currency Exchange Rate Conversion Calculator 141
Unidad Tributaria Mensual (UTM) 141
unindexed 68, 236
unindexed code 130
unindexed debt 17, 59, 246
unindexed dollar-denominated assets 247
unindexed insurance policy limits 17
unindexed law 63
unindexed leases 18
unindexed long-term contracts 18
unindexed part of the code 130
uninsurable risk 229
uninsured deposits 84, 234
unions 50, 71, 76, 114, 119, 134, 140, 155
United Copper Company 94
United Kingdom 129, 206
United States 207, 208, 209, 257
United States dollars 241
United States Mint 104, 172
United States v. Bankers Trust Co. 168
unit of account 14, 15, 141, 177
Universa Investments 276
university 149
university endowments 71
University of California 272
University of Chicago 281
unknown 25
unknown unknowns 23
unlawful detention 120
unlimited risk 210
unlimited upside 79
unpaid furloughs 127
unpatriotic 34, 116
unregulated 226
unruly children 35
unsafe work 229
unscheduled balloon payment 274
unsecured creditor 251
unsecured debt 274
unsustainable 1, 27, 259
unusual and extraordinary threat 121
UPAC 194
upside-down 19
UR 194
urban areas 137
urban consumers 134
Urban Institute 78
Urban Renewal 199
urban wage earners 134
Urban Wage Earners and Clerical Workers 140
Uruguay 103, 194
URV 194
USAA Federal Savings Bank 170, 231
usable denominations 14
U.S. Army 267
U.S. bonds 237, 240, 245
U.S. Bureau of Engraving 58
U.S. currency collection 106
U.S. dollar 265
used car 183
use tax 246
U.S. government 232
U.S. government bonds 209, 237, 264
U.S. Mint 171, 217
U.S. Postal Service 222, 234
U.S. short-term bonds 228
U.S. Steel 116
U.S. Supreme Court 32, 50, 97, 98, 120
U.S. Treasury 3
U.S. Treasury securities 3, 7, 45, 82, 119, 123, 207, 236
usury 41, 161, 169, 277
Utah 252, 272
utilities 77, 147
utility and security deposits 253
UVC 194
V
vacant building 62
vacation or second home 74
vallar 194
value-added tax 111
value at risk 104
value buyers 263
value investing 38
value of your time 159
ValuJet 592 crash 222, 224
vandals 199
Vanguard Inflation-Protected Securities 240
Van Mises, Ludwig 147
vegetable garden 76
vegetables 132, 151
vehicle 25, 74, 83, 158, 189, 253, 274
vehicle repair shop 74
velocity 15, 61, 71
Venice 89
Ventura 194
Vermont 252, 278
versatility 145
vertical integration 63
veterans 110
Veterans Administration (VA) 95, 99, 149, 217, 218, 249
veteran’s benefits 253
viable firms 262
vices 187
vicious downward spiral 263
video cameras 264
Vidor, King 148
Vienna 92
Vietnam 49, 120, 195
Vietnam war 3, 128
vigorish 243
Virginia 252, 271
Visa 116
volatility 227
Volcker, Paul 17, 42, 47, 49, 50, 78, 100, 112, 116
voluntary bankruptcy 248, 251
Voluntary Foreign Credit Restraint Program 99, 113
voluntary liens 274
voluntary price controls 116
W
W-2 income 68
Wachovia 104, 133
wage and price controls 4, 58, 63, 100, 109, 112, 115
wage-price “guideposts” 116
Wagner Act 98
waiting 77
walk 217
walk away 81, 203, 204
walk to shopping or work or school 152
Wallich, Henry 59
Wall Street 3, 226, 259
Wall Street Journal 3, 4, 208, 272
Wal-Mart 4, 193
WaMu 257
war 11, 23, 33, 34, 41, 58, 65, 71, 73, 82, 87, 89, 91, 109, 115, 120, 139, 167, 194, 195, 198, 207, 209, 229
war bonds 87
Warburgs 121
War, Civil 87
warehouse receipts 85, 88, 92
warehouses 198
warning lights 5
War of 1812 91, 119
warrant 146
war reparations 71
war-time hysteria 76
war-time powers 120
Washington, George 49
Washington Mutual Bank (WAMU) 104
Washington state 94, 194, 252, 271, 272
WASPs 95
waste 55
water 159
water bills 274
waterfall 150
Watergate 116
water rights 254
wealthy 12, 48
weather 23, 137, 145
Weather Handbook 150
wedding and engagement rings 254, 255
Weidenbaum, Murray 70
Weimar Germany 5, 7, 10, 52, 57, 59, 61, 67, 71, 78, 94, 118, 139, 146, 200, 203, 214, 259
Weinberg, Carl 81
Welch, Jack 102
welfare 103
welfare recipients 78
welfare states 208
well 147, 148
Wells Fargo Bank 104, 133
welsh 258
Wessel, David 122, 284
West Coast Hotel Co. v. Parrish 98
Western Europe 89, 208
Western Roman Empire 167
West Point 66, 150, 257, 267
West Virginia 147, 194, 246, 252, 271
W. Federal 199
What Has Government Done to Our Money? 31, 70, 86, 182, 284
wheat 26, 163, 178
wheelbarrows of cash 57, 67
When Genius Failed 224, 284
Whip Inflation Now (WIN) 100
whole life insurance 267
Why Smart People Make Big Money Mistakes and How to Correct Them 284
wife’s name 255
wild guess 240
wild turkeys 148, 159
Wile E. Coyote moment 27
willful and malicious acts 246
Williamsburg 149
Williamstown 149
Wilson, Woodrow 94
wind mill 150
winged liberty head U.S. silver dime 180
Winning the Loser’s Game 284
Wisconsin 252, 278
withdrawal 268, 269, 275
Wizard of Oz 128
wood 159
Woodin, William 97
wood shingle roof 151
wood siding 151
wood stove 147, 150, 159
wool 89
Woolworth 190
Worcester 149
Workamper News 154
workers 48
workers’ compensation 253
working hard 17
working without pay 127
works of art 161
Works Progress Administration 98
World Bank 101, 141
World Bank UF bond 141
WorldCom 257
World GDP 1
World Series earthquake 67
world trade 25
World War I 6, 7, 33, 42, 46, 57, 65, 71, 94, 96, 120, 167, 258
World War II 6, 9, 13, 42, 51, 57, 77, 99, 111, 115, 117, 120, 136, 164, 266
World War I Liberty Bonds 168, 200
world wars 206
worst case 219
Wriston, Walter 70, 211
written communication 61
Wyoming 252, 278
X
xenophobia 44, 111
Y
Y2K problem 103
Yale 33, 135, 187, 201
Yaqui Pass 155
Yellow Springs 194
yen 46, 208
yield 26, 37, 45, 103, 186, 188, 239, 241, 242
yield curve 39
You Consumer Price Index 134, 138
young people 12, 48, 207
Young, Roy A. 95
Youngstown 5, 7, 37, 76, 82, 109, 125, 127, 157, 185, 186, 195, 198, 233, 258, 267
Youngstown Steel & Tube 185
Youngstown Vindicator 233
Your Income Tax Professional Edition 284
Your Money & Your Brain 284
yuan 43, 46, 205, 207
Yugoslavia 119
Z
Zaire 119
zero inflation 13, 239
zero interest rate 255
zero percent interest rate 80, 166, 233
zero-population-growth 257
Zimbabwe 6, 7, 52
zinc 172, 265
zlotys 65
Zuckerman, Gregory 2, 283
Zweig, Jason 284
liquidity provider of last resort 262
liquidity risk 104, 210
liquidity trap 13, 80, 84, 124
Lithuania 209
Little Book of Common Sense Investing 284
livestock 90, 98, 115, 148, 151, 202, 254
Livingston, TX 155
livres 90
livre tournois 89
LLC vs S&R Playhouse Realty Co. 104
loan-contract terms 18
loan limits 218
loan modifications 217
loan payments 49
loan-to-value ratio 82
local government 4
local taxes 82
locked-in mortgage 241
lock in 135, 203, 229, 238, 241
lockstep 210, 276
logging 187
Loma Prieta Earthquake 67
Lombard Street 93, 262
London 3, 39, 94
London Gold Pool 99
long 79, 126, 152, 170, 224
long-term 145, 187, 267
long-term assets 72, 263
long-term bonds 267
long-term capital gains 161, 183
Long-Term Capital Management 36, 85, 102, 103, 224, 225, 228, 257, 266, 269
long-term-care insurance 154, 268
long-term contract 12, 50, 59, 92, 108, 133, 214, 275
long-term fixed-rate bonds 219, 238
long-term hedge against inflation 197, 203, 262
long-term income streams 223
long-term inflation 203
long-term inflation hedge 190
long-term investment 39
long-term leases 50, 199, 223
long-term ownership of real estate 202
long-term risk-management strategy 145
long-term service contract 158
look busy 107
loophole 109
loose coupling 225
Lorenz, Edward 24
Los Angeles-Riverside-Orange County 137
Lost Decade 46, 53, 82, 124, 204, 208
lottery 109
Louisiana 252, 279
Louisville & Nashville R.R. v. Mottley 178
low-debt-to-equity ratio 185
Lowenstein, Roger 284
low-income people 48
luck 13, 23
Luddite 228
Ludwig Von Mises Institute 284
lumber 201
lumps of silver 180
luxury goods 73, 112, 136, 146
Lydians 88
M
machines 83, 188, 189
Mack, John 244
macroeconomic solution 278
Madagascar 118
Madison, James 49
Madoff, Bernie 69, 269
Madoff Securities 257
Mafia currency 69
magnetic strip cards 193
mail 62
mail-forwarding service 155
mail orders 180
Maine 62, 100, 149, 246, 252
Main Street Lots 199
maintenance 148
major metropolitan areas 137
make-work jobs programs 31, 74, 84, 98, 115
Making of Index Numbers 340, The 139
malfeasance 268
Malkiel, Burton 284
managed economy 281
management 170, 189, 215
Manchuria 95
mandate 96, 119
manganese 172
Manhattan Island 178
manias 13, 33, 36, 37, 38, 73, 111, 204, 284
Manias, Panics, and Crashes 33, 36, 73, 111, 204, 284
manipulating 224
manufactured goods 268
manufacturing 7, 18, 58, 63, 70, 77
many-sided coin 24
margin 25, 152, 189, 215
marginal tax bracket 236
marginal tax rate 170
margin call 94, 153, 170, 210, 222, 224, 242, 261, 262, 264, 274, 275
margins 222
margin trader 215
mark 52, 57, 58, 67, 206, 219
mark-denominated bonds 71
market basket 134, 141
market interest rate 61, 202, 218
market prices 114
market risk 104
market share fever 34
mark-to-market accounting 262, 263
married couple 251, 252
Marshall, John 87
Martin, Jr., William McChesney 34, 99
Marx, Karl 92
Maryland 9, 125, 252, 271, 272, 278
Mary Poppins 39
Massachusetts 139, 149, 252, 271
mass transit 198
mass-transit token 193
matchmakers 182
match maturities 118
matchsticks 187
materiel 195
math 157
mathematical model 227
Mathematician Plays the Stock Market 284
mathematics of finance 157
mattress 84, 233, 255
maturity 39, 232, 235, 237, 239, 240, 241
maturity-matching issue 267
maturity mismatch 102, 268
Mauboussin, Michael J. 284
maximize revenue 279
maximum 40-hour workweek 99
maximum hours 99
Maylasia 102, 124
MBA 67, 72, 227, 267
McCabe, Thomas B. 99
McCulloch v. Maryland 87, 91
McDonald’s dollar value meal 214
McDonald’s hamburger 142
McGovern, George 100
McGuire, Shayne 200, 207, 240, 283
McKinley, William 93
McKinnon 114
McReynolds, James C. 168, 169
mean 164
means-testing 50, 278
mechanics 159
media 32, 190
media distortion 67
median U.S. home price 252
Medicaid 2, 27, 50, 70, 108, 139, 258
medical procedure 275
medical savings accounts 253
medical services 154
Medicare 1, 2, 4, 27, 50, 70, 108, 139, 258
Medicare Trustees Report 1
medium of exchange 13, 141, 177, 181, 193
medium term 262
Mellon, Andrew 117
melt down 206, 278
melting 104, 164
melt-to-face-value ratio 265
melt value 27, 96, 157, 165, 166, 169, 171, 172, 178, 217, 264
Mengel Co. 187
men’s suit 181
menu cost 64
merchant accommodation bills 90
merchant card processor 62
Mercury Magazine 147
mergers 127
Mero, Lazlo 284
Merrill Lynch 17
Merrill Lynch Ready Assets Trust 100
Merriwether, John 85, 266
Merton, Robert 230
Mesopotamia 88
metals 102
Metropolitan Savings 233
Mexican inflation 102
Mexican peso crisis 102
Mexico 99, 101, 102, 194
Meyer, Eugene 95
Miami 44
Michigan 252, 271, 272
Microsoft 266
Middle Ages 167
middle class 110
mild climate 150
military 3, 71, 139
military clothes 254
military health care 70, 108
military pensioners 139
military personnel 82
milk 15, 148, 180, 182, 189
Milk Control Act 97
Miller, G. William 100, 101
Minarik, Joseph J. 12
minimize capital expenditures 279
minimize expenses 279
minimum-balance 231
minimum contract size 152
minimum futures contract 152
minimum investments 272
minimum-size contract 152
minimum wage 55, 83, 97, 98, 99, 115
minimum wage for women 98
mining 77
Minneapolis 194
Minnesota 252
Minnesota Mortgage Moratorium Act 97
minority homeowners 103
miracle growth program 55
Mises, Ludwig von 94
misfeasance 268
Mississippi 252, 271, 272
Mississippi Company 90
Missouri 252
MIT 63
mob 239
models 228
moderate climate 149
modifying the mortgage 218, 248
Modigliani, Franco 187
modular home 246
Moivre, Abraham de 90
Moley, Ray 26
monetarists 40
Monetary Correction Index 140
monetary crises 18
Monetary Dynamics of Hyperinflation 73
Monetary History of the United States 53, 99, 166, 283
monetary policy 8, 33, 51, 88, 97, 105, 106, 121, 177
monetary system 8, 85
monetize the debt 50, 71, 240, 278
money market deposit account (MMDA) 101, 105, 123, 236, 265, 275
money market funds 16, 41, 83, 105, 231, 236, 271
money market rate 100, 231
money supply 15, 17, 18, 28, 31, 38, 42, 58, 65, 71, 81, 91, 92, 95, 101
monopoly 4, 213, 278
Montana 252
Montgomery Ward 257
Moody’s 104, 211, 242
Moraga 150
Moral Calculations 284
moral hazard 53, 204, 210, 229
morals 66
moral suasion 116
moratoria 126, 248
More than You Know 284
Morgan, J.P. 41, 93, 226, 227
Morgan Stanley 104, 120, 226, 244, 259
Mormons 106, 151
Morse, Samuel 136
mortgage-backed securities 102, 104, 222, 241
Mortgage Bankers Association 122
mortgage borrower 124
mortgage broker 54
mortgage defaults 102
mortgage disability insurance 216
mortgaged real estate 215
mortgage lender 251
mortgage payment insurance 216
mortgages 9, 12, 17, 54, 57, 59, 61, 70, 72, 78, 79, 81, 99, 103, 123, 158, 197, 199, 214, 215, 223, 228, 229, 235, 236, 241, 246, 248, 249, 268, 274
mortgage-to-property-value ratio 189
mortgage underwriting 54
motor vehicle fuel 156
motor vehicles 188
Mottley 178
move-up existing home 74
moving 251, 274, 278
moving expenses 218
Mozambique 118
MP3 players 264
Mr. Market Miscalculates 284
multi-fuel option 153, 156
multiplier 228
multi-story buildings 198
multi-year labor contracts 214
multi-year projections 223
municipal bonds 237, 267
municipal governments 195
municipal high grade bonds 268
municipality 251, 266
municipal laws 266
musical instruments 254
Mutual Exchange 194
mutual funds 170, 231, 267, 271
Mutual Holding 233
MyStockPower 186
N
nails 173
naked short selling 126
Napoleon 49
Nash, Jr., John 40
Nash Motors 190
national 137
national bank “holiday” 96
National Banking Act 93
national banks 92
National Bureau of Economic Research (NBER) 5, 47, 284
National Constituent Assembly 90
national debt 1, 3, 29, 60, 82, 110, 112, 206, 234, 240
National Debt Clock 1
national-debt-to-GDP ratio 7, 108, 111, 210, 234
national disgrace 68
National Economists Club 104
national government 257
National Housing Act of 1934 97
National Industrial Recovery Act 97
Nationalist party 66
nationalization 117
National Labor Board 97
National Labor Relations Act 98
National Labor Relations Board v. Jones & Laughlin Steel 98
national minimum wage 99
National Monetary Commission 94
National Park Service 3
national psyche 68
National Recovery Act 114, 115
National Reorganization Process 117
National Taxpayer Advocate 130
National Transportation Safety Board 53
National Weather Bureau 228
Natural and Political Observations...Made upon Bills of Mortality 90
Natural Development Association 194
natural gas 102, 112, 147, 152, 156
naturally-occurring events 16, 226
natural rate of unemployment 41
natural risks 276
Nazi currency 207, 209
Nazi Germany 13, 51, 66, 71, 127, 128, 156, 257
NCDEX Commodity Index 140
Nebbia v. New York 97
Nebraska 252
necessities 146
Neely, Christopher J. 113
negative 112
negative cash flow 75, 279
negative current cash flow 238
negative equity 217
negative interest rate 80, 236
negatively correlated 210
negative-net-worth companies 262
negative real interest rate 10, 18, 69, 235
Negotiable Order of Withdrawal (NOW account) 100, 101, 102, 123, 232
negotiate offers 218
neighborhood 198, 261
neighborhoods going bad 264
nepotism 121
Nero 169
net assets 215
net borrower 60, 277
net creditor 249
net debtor 73, 248, 249
net income 141, 189, 215
net income growth 38
net lender/saver 60, 72, 247, 277
net operating income 200
net owners of assets denominated in currency 12
net present value 223
net worth 2, 73, 213, 245, 255, 274
neutral position 189
Nevada 78, 94, 252, 271, 272, 278
New Bankruptcy, The 254, 284
new building 166, 201
New Deal 25, 31, 83, 115, 124, 239
new debt 214
new enrollees 271
New Financial Order: Risk in the Twenty-First Century 71, 138, 194
Newfoundland 98
New Hampshire 149, 252, 278
New Jersey 128, 252, 278
New Jersey’s Tenants Rights law 266
new laws 281
newly mined gold 166
new markets 33
New Mexico 252
new normal 280
new products 135
Newsweek 78
New York 44, 115, 116, 123, 149, 150, 194, 252, 278
New York Fed 53
New York-New Jersey Port Authority 194
New York-North. NJ-LI 137
New York Stock Exchange 93, 126, 209
New York Times 5, 259
New Zealand 207, 257
Nicaragua 94, 118
nickel 104, 172, 265
nickels 27, 164, 217
Nikkei stock index 82
NIRA 97, 98
Niskanen, William 115
Nixon, Richard 1, 100, 109, 112, 115, 116, 169, 209
Nobel Prize 8, 230, 266
no-equity homes 204
Nogales 194
no-longer-circulating coins 172
nominal 10, 255
nominal face value 235
nominal interest rate 10, 75, 188, 235, 240
non-circulating U.S. silver coins 180
nonconfiscatable 167
nondischargeable debt 246, 274
non-dollar homestead exemptions 252
non-dollar limits 254
non-federal currency 193
non-federal currency exchange 131
non-fiat money 86
non-fiat money liquid assets 263
non-gains 277
non-government currency 278
non-money world 178
non-perishable 181
non-profits 195
nonrecourse mortgage 79, 81, 132, 203, 204, 215, 217, 222, 248, 249, 251, 265, 273, 274
non-residents 271
nonsustainable 38
non-TIPs Treasury bond rate 236
Nordstrom 181
normal 128
normal accident 222, 224
Normal Accidents: Living with High-Risk Technologies 224
normal distribution 15, 90, 227, 230
Norman v. Baltimore & Ohio Railway Company 168
North Carolina 252
North Dakota 252
North Korea 46, 206
Nortz v. United States 168
Norway 102, 207
no skill 228
notes 59
Notre Dame 281
NPV 223
NRA 120
NRA Code 115
NRA emblem 114
nuclear power plant 222
numismatists 165
O
Oak Hill 194
Oakland 150
Oates 114
Obama, Barack 1, 3, 26, 29, 36, 43, 49, 72, 116, 119, 122, 124, 169, 185, 208, 259
Obamacare 2, 3, 208, 258
objective units 278
objects of art 166
obsolescence 59, 152, 156, 184, 261, 264, 265
oceans 148
October 19, 1987 16
OECD 108
Office of Thrift Supervision 104
offices 203
Official Kelley BlueBook 284
off-the-books liabilities 126
off the grid 147, 150
off the money and tax grids 159
off the tax grid 132
off the utility grid 147
OFHEO Home Price Index 133
Ohio 5, 82, 109, 125, 185, 194, 195, 233, 252, 267, 271, 272, 278
Ohio Life Insurance and Trust Company 92
oil 100, 102, 122, 228, 276
oil drilling 55, 276
oil embargo 58
oil reserves 189
Oklahoma 94, 252, 254
older people 12
Old Spice 191
Olwine v. Torrens 169
Omnibus Budget Reconciliation Act of 1989 132
one-child policy 207
One-Hoss Shay 151
one-of-a-kind item 184
one-way indexing 139, 173, 246
one-way inflation index 277
one-way quote 225
on strike 263
On the one hand... 67
operating expenses 200, 217
operating funds 275
operational risk 104
opportunity cost 83, 157, 166
option pricing 54
options 88, 92, 100, 105, 204, 210, 221, 222, 276
ordinary income 178
Oregon 94, 252
O’Reilly, Bill 153
Organization of Petroleum Exporting Countries (OPEC) 46, 100, 104, 121
O-rings 224
OTN 140
Our Daily Bread 148
outhouse 147
out-of-date homestead exemptions 252
out-of-state college 271
output of goods and services 82
outsource 43, 210
Oval Office 4
overcharging 40
overnight loan 231
overregulation 40, 45, 224
overseas branches 266
overstimulate 52
over-the-counter high tech stock boom 103
over-the-counter (OTC) 139, 170
P
packing materials 187
Paine, Thomas 8
Pakistan 103
palladium 161
Panama 96
Panama Refining Co. v. Ryan 97
panic 13, 33, 36, 37, 73, 111, 127, 191, 204, 263, 284
Panic of 1819 91
Panic of 1907 94
paper money 8, 29, 86, 90
Parker v. Davis 93
parliament 90
partial tuition 272
partnership 83, 96
partnership agreement 225
party 112
party pooper 37
Pascal, Blaise 89
passbook savings account 199, 233
passive investing 37
passive loss limits 266
passive solar 150
past performance 228
patents 59
Paul, Ron 8, 34, 53, 60, 171, 203, 283, 284
Paulson, John A. 2
pawnbroker of last resort 262
Pax Americana 42
PayPal 17, 59, 193
payroll tax deductions 98, 246
peanuts 171
Pearl Harbor 99, 127
penalty 130, 239, 240, 246, 275
penalty for early withdrawal 118
penalty of death 88
pendulum 164
Penn Central Railroad 100
Penn Square Bank 102
Pennsylvania 149, 252, 271, 272
penny 279
pension 55, 132, 136, 161, 253, 274, 275
pension account 237, 240, 269
pensioners 72, 139
pension exemption 255
pension funds 123
pension restrictions 270
pensions 12, 13, 15, 108, 109, 111
People’s Party 93
P/E ratio 25, 186, 189
percentage-of-ownership-denominated 186
perfect 162
Perils of Financial Innovation 262
perishables 181
permanent boom 46
permanent roof 151
Perrow, Charles 224
Perry v. United States 168
Personal Consumption Expenditures Price Index 133
personal finance 267
personal income tax 279
personal loans 268
personal loss 131
personal property 12, 131, 157, 246, 253, 254
personal property for personal property 178
personal property taxes 155
Personal Responsibility and Work Opportunity Reconciliation Act 103
perspective 18
Peru 96, 118
Peruzzi Bank 89
pesos 63
Peterson, Joe 155
petroleum 112
pets 254
phantom gain 131
Pharaoh 88
Philadelphia 148
Philippine law prohibiting export of silver coins 94
Philippines 113, 118
photographs 184, 273
photos 254
physical gold 170
physical units 63
pigs 76
PIIGS (Portugal, Italy, Ireland, Greece, and Spain) 127
Pioneering Portfolio Management 187, 201, 237, 284
plain English 244
Plan A 177
Plan B 177
Plan C 177
platinum 161, 171, 181
playing by the rules 13
plow 182
point of diminishing returns 150
poker 40
Poland 65, 99, 118, 127, 207
police 13
policeman of the world 42
policy limit 17, 59, 267, 268
political correctness 43
political favoritism 116
political opposition 128
political rhetoric 112
politics 28, 47, 48, 210
Ponzi, Charles 94
Ponzi scheme 38, 69, 94, 170, 272
poor 8, 12
poorhouse 166
Poor Richard’s Almanac 279
population growth 55
populist 93, 105
pork belly futures 163
portable 14, 179
Portugal 127, 206, 207
positive cash flow 279
positive real rate of return 78, 84, 219, 233
possession is 9/10s of the law 146, 270, 275
postage 158
Postal Savings deposits 94, 95, 99, 234
post-bankruptcy net worth 255
post office 264
Post Office Department 99
postponement 74
post-World War II America 199
Potemkin Villages 14
Poulos, John Allen 284
pound-denominated bonds 210
pound sterling 46, 65, 86
Power Macintosh G-5 minitower 142
power outage 120
pre-1965 U.S. silver dime 164, 180
pre-1983 pennies 27, 104, 164, 172
pre-bankruptcy planning 18, 273
precious metal coins 89
precious metals 12, 19, 58, 86, 112, 140, 161, 169, 178, 263, 264, 270
preconceived notions 19
Predictably Irrational 284
pre-existing conditions 229
preferred stock 7, 186
premium 11, 229, 235, 240
pre-paid college education trusts 253
prepaid mass transit cards 59
prepaid phone cards 18, 59
prepaid tuition plan 271
prepayment layers 241
prepayment penalty 238, 241
prepayments 241
present value 235
President 32, 36
pressure relief valves 228
pressuring 116
previous bankruptcy 246
price ceilings 114, 115
price concession 262
price-control laws 63, 70, 83, 89, 98, 109, 112, 113, 114, 116, 117, 124
price controls on interest rates 113
price-fixing cartel 84, 98, 119
price floors 115
price-gouging 30
price indices 18
price-support laws 31
primary source of repayment 217
principal adjustments 277
principal amount 213, 237, 240, 242, 246, 247, 277, 281
principal residence mortgages 249
Principles of Economics 106
printed 58
printing money 4, 9, 14, 31, 78, 114, 122
printing press 4, 58
printing too much money 18
prison 91, 96, 166
prison movies 183
privacy rights 53
private 271
private credit exchanges 183
private currencies 193
private equity 53
private option 31
private schools 271
privatize 111
probability 229
probability and statistics 23, 90, 157, 202
probable-cause 146
probate 77, 146
Procter & Gamble 191
producer 26
Producer Price Index 133
production cycles 137
productivity 279
professionals 57, 159
professors 72
profit margin 109
profits 12, 17, 271
programmed trading 191, 227
progress 128
Progressive Independent 194
Prohibition 69
promissory notes 195
propane 156
property 279
property and casualty insurance 268
property taxes 148, 199, 217, 246
property value 225
Proposition 13 247
proprietary 53
prosecute 117, 167
prospectus 228
prostitutes 14
protectionism 31, 81, 112, 115, 119, 210
protectionist tariff 109
protection money 123
protection racket 123
pro-union laws 31, 115
provinces 117, 193
Provincial currencies 109
pseudo gold standard 95
psychology 47, 66, 67, 157
Public Law 93-110 100
publicly-traded corporation 14, 18, 185, 189, 257
public market 226
public nuisance 199
public opinion 41, 76
public opinion poll 73
public policy 125, 167, 171
public-sector pay and pensions 111
Puerto Rico 113
punch bowl 34
punitively taxed 180
purchase-money mortgage 222, 249
purchase order 62
purchasing power 6, 9, 10, 12, 15
purchasing-power neutral 203
purses 264
push a chain 28
pushin’ broom 179
pushing on a string 28
put option 79, 203, 210, 215, 221, 277
pyramid-sales scheme 38, 151
Q
qualified retirement plans 130
quant 41, 227, 228, 266
quarters 264
quick-sale value 264
R
race track betting 14
racial 228
racial discrimination 44
racism 111, 258
Radio Shack TRS 80 computer 135
railroad 258
railroad shipping charges 178
rainy day 19, 63, 78, 233
raise taxes 4, 29, 32, 41, 278
raising taxes 31
Ralph Lauren Polo 181
ramps 281
ranch 245, 255
ranchers 77
Rand, Ayn 9
randomly selected events 226
random sample 16
Random Walk Down Wall Street 284
rare coins 166, 172
rating organization 211
ratio, household debt to GDP 102
ration 116
rationality 35
ratio of gold to silver 45
ratios 210
Readers Digest 257
reading 157
Reaganomics 42
Reagan, Ronald 5, 10, 42, 45, 47, 49, 67, 70, 71, 73, 78, 101, 107, 112, 116, 170
real (after adjustment for inflation) value 112, 215
real (after inflation) interest rate 214
real after-tax interest rate 70
real balance sheet 64
real estate 12, 13, 25, 37, 38, 57, 58, 59, 75, 77, 82, 90, 95, 102, 112, 138, 141, 158, 188, 189, 199, 200, 214, 215, 228, 234, 246, 261, 262, 264, 265, 274
real estate agent 54, 218
real estate appraisal 200
real estate bubble 101
real estate crash 280
Real Estate Finance Techniques 138
real estate for real estate 178
Real Estate Investment Strategy 284
Real Estate Investor’s Monthly 219, 284
real estate loans 204
real estate salesman 14
real gains 135
real home price 82, 204
real interest rate 10, 75, 157, 230, 235, 255
real loan balance 60, 81
real mortgage balance 70
real net worth 60, 129
real property 131, 249
real rate of return 280
real-time CPI 138
real-time price index 129, 140, 202, 268, 275, 277
Realtors® Median Home Price Index 133
real value 60, 71
real value of debt 60
real wage growth 108
reasonableness 245
rebellion or invasion 120
receivables 18
recession 13, 39, 40, 42, 45, 46, 51, 52, 60, 64, 67, 68, 69, 72, 78, 80, 83, 98, 109, 186, 188, 200, 210, 229, 258, 284
Reciprocal Trade Agreement Act 97
Reconstruction Finance Company 95
recourse junior mortgage 250
recourse mortgage 79, 80, 203, 204, 217, 218, 222, 251, 268, 273, 274
recovery 284
recreational vehicle 74, 154
redemption 239, 240
rediscount rate 95
redistribute 49
redistributions of wealth 71
red lights 36
red-necked Mayberry 149
Reed, John T. 283, 284
Reed’s Rule of Thirds 19
Reed’s Rules of Inflation/Deflation Protection 18, 19
Reed’s Rules of Real Estate Finance 146, 222, 240
refinance 70, 96, 122, 222, 237, 238, 239, 241
refunds 130
regional economic downturn 266
regression to the peak 164
regression toward the mean 164
regressive 10
regret 157, 248, 275, 282
regulated 225, 243
Regulation Q 97, 100, 102, 111, 123
regulators 126
Reichsmarks 209
Reign of Terror 90
Reinhart, Carmen 9, 29, 32, 43, 53, 110, 284
relatives 107
relative value 178, 209
remainder estates 268
remainderman 268
reminting 164
remote location 155
renege 258, 272
renege on the deposit insurance 122
renovation 74
rent 12, 141, 199, 217, 275
rental properties 273
rent control 40, 55, 114, 116, 117, 125, 166, 264, 266
Rentenmark 95, 118, 219
repair 74, 159, 217
reparations 95
replacement cost 200, 268
replacements 148
repossess 274
representative basket of goods and services 136
Republicans 72, 128
Republic, Dominican 94
reputation 72, 108, 182
Requiem for the Dollar 85, 166, 284
resale value 146
rescue committees 127
reserve currency 46, 114
Reserve Primary Fund 232
reserve requirements 111, 113
reserves 46, 95, 101, 166, 205, 241, 265
reserves phenomenon 241
Resolution Trust Corporation 102, 103
restaurant meal 74
restitution 246
retail clerk 128
retailers 62, 117, 198
retaliatory tariffs 25
retire early 154
retirement 111, 154, 170, 246
Return of Depression Economics 27, 284
returns not filed 246
Reuters/Jefferies CRB Index 133, 140
revenues 278
revolt 278
revolution 3, 45
Revolutionary War 33, 90, 106, 139, 167
Rheuban, Andrew 199
Rhode Island 252, 278
Ricardian Currency School 92
rich 4, 12
riots 117, 119, 229
risk 188, 227
risk analysis 90
risk-free rate 236
risk management 11, 17, 222, 228, 229, 239, 263, 268, 276
risk preference 90
risk premium 60, 61, 188, 236
risk-reducing mechanisms 13
risk takers 11
risky behavior 34
rivers 148
Roaring Twenties 6, 76, 281
Robertson, Julian 261
Roberts, Russ 23
Robinson Crusoe economics 40
Robus, Greg 154
Rockefeller, John D. 94
Rockingham Avenue 254
Rockne, Knute 281
Rockwell, Jr., Llewellyn H. 284
Rogers International Commodity Index (RICI) 140
Rogers, Will 17
Rogoff, Kenneth 3, 9, 29, 32, 36, 43, 53, 110, 284
rollover 72
Roman 89
Romania 119, 207
roof 189, 201, 275
roof, permanent 245
room and board 271
Roosevelt, Franklin D. 25, 26, 72, 76, 96, 97, 98, 109, 113, 114, 115, 116, 117, 120, 121, 122, 125, 166, 169, 172, 194, 239, 281
Rose, Charlie 36
Rothbard, Murray N. 31, 69, 70, 86, 182, 284
Roth, Benjamin 5, 6, 7, 36, 37, 57, 66, 76, 78, 82, 98, 113, 114, 125, 126, 127, 154, 156, 157, 166, 185, 190, 195, 197, 199, 200, 215, 233, 239, 248, 258, 263, 267, 270, 279, 280, 281
Roth IRA 269
Rothschilds banking family 121
Royal Bank of Scotland 82
rubber 102
Rubin, Robert 26
ruble 46, 182, 183
Ruff House 151
Ruff, Howard 151, 284
Ruff Times 151
rugs 161
rule of law 58
rules changes 281
run on the bank 39, 66, 96, 117, 118, 119, 120, 125, 267
run on the country 112
runs 233
runs on the insurance companies 267
rural area 137
Rural Electrification Administration 98
Russia 13, 46, 99, 102, 103, 119, 124, 139, 183, 207, 208
RVs 154, 156, 246, 273
RV shelter homes 156
Ryan, Paul 3, 4
S
safe 188
safe deposit box 78, 84, 119, 146, 152, 158, 170, 174, 255, 256, 273
safe rate 43, 60, 61
safest investments 263
safety 268
Saigon 128
sailboat 28
salary 12, 77, 136
sales 279
sales tax 155, 184, 246
Salomon Brothers 101, 103
Salomon Smith Barney 103
salt 173
Salt Lake City scrip 194
Samuelson, Paul A. 11, 58
Samuelson, Robert J. 13, 40, 42, 47, 49, 67, 78, 283
San Diego 149, 150, 156
San Francisco 140
San Francisco Bay Area 153
San Francisco-Oakland 150
Sarbanes-Oxley 39
Sass, Martin 259
Saturday Evening Post 57
Saudi family 121
save 10, 15, 16, 18, 48, 63, 69, 77, 87, 111, 123, 146, 279
save for a rainy day 78
savings account 15, 48, 101, 123, 125, 199
savings and loan 18, 41, 101, 258, 280
savings and loan mortgage debacle 75, 101, 102, 266
savings bonds 15, 17, 59
scam 69, 242
scapegoat 72, 116
Schachter, Barry 283
Schadenfreude 72
Schechter Poultry Corp. v. U.S. 98, 115, 120
Scher, Les 283
Schlaes, Amity 5, 11, 25, 26, 96, 107, 117, 169, 283
Schumpeter, Joseph 78
Schwartz, Anna 28, 52, 99, 166, 182, 183, 283
Schwarzenegger, Arnold 148
Scotland 90
scrip 58, 120, 131, 182, 183, 194
scrip.com 195
scrip wages 195
SDRs 100
seasonal 116
seasonally adjusted CPI 137
seasonal resort area 154
SEC 103
secondary market for home mortgages 99
secondary source of repayment 217
Second Bank of the United States 91
Second Great Contraction 266
second home 273
second mortgage 239
secrecy 14
secretary 128
Secretary of the Treasury 98, 101, 117, 167
Secret Service 93
Secrets of the Temple: How the Federal Reserve Runs the Country 34, 36, 48, 51, 52, 68, 69, 70, 100, 105, 231, 284
Section 8 90, 91
secured loan 215, 274
secure investments 269
securities 90, 131
Securities Act of 1933 96
securities analysts 126
securities and commodities exchanges 257
Securities and Exchange Commission 96, 97, 126, 232
securities-based insurance policy 276
securities dealers 241, 257, 259
securities exchanges 191
securities investment mutual funds 257
securitization 54, 102
security insurance 261
security law 152
seeds 159, 254
seigniorage 29, 69
seize private property 157
self-amortizing mortgages 197, 274
self-assurance 65
self-confidence 18
self-employment income 83
self-esteem 18
self-fulfilling crisis 67
self-fulfilling prophecy 38, 47, 50, 190, 263, 266
self-help 182
self-inflicted Ponzi scheme 38, 162
self-propelled hobos 156
self-reliance 268
self-storage facility 273
seller-carryback mortgages 249
selling off assets 55
sell short 204
sell-triggering event 227
semi-annual auction 240
seminars 157
Senators 32
senior citizen 135, 148
Senior Citizens’ Property Tax Deferral Program 148
senior exemptions 251
seniority 82
senior liens 274
Sennholz, Hans 284
separation agreement 246
separation of money and state 278
SEPs 15, 237, 240, 269, 270
septic sewer system 147, 148
Serbia 209
service business 51
Service Employees International Union 71
service jobs 18, 63, 83, 268
service sector 78
settled for cash 216
sewer 159
sewing machine 254
Shadow Government Statistics 9, 85
Shakespeare, William 16
shamed 116, 167
shampoo 281
share-denominated 186
shareholders 266
Sharper Image 257
sheep 67
shellfish 159
shelter 145
sheriff sales 199
shield 145
Shihuangdi, Emperor Qin 89
Shiller, Robert 16, 68, 71, 82, 138, 194, 284
Shilling, A. Gary 279
shipping 184
shock 3, 6, 273
shock absorber 13
shopping centers 198
shortage 172
shorted silver 101
short position 2, 79, 152, 153, 170, 216, 222, 224, 225
short sale 126, 204, 218
short sellers 126, 224
short-term 16, 197, 236
short-term appreciation 38
short-term assets 200
short-term debt 38, 68
short-term dollar-denominated assets 219
short-term hedge against inflation 264
short-term inflation 201
short-term loan 274
short-term money 72, 263
shrill 128
sick leave 136
side bets 227
Silberzug 92
silver 6, 10, 18, 29, 31, 53, 86, 87, 88, 89, 90, 91, 99, 101, 106, 111, 121, 129, 131, 161, 164, 165, 171, 173, 174, 180, 262, 264
silver certificates 87, 90, 93, 96, 99, 166
silver coins 87, 89, 99, 170, 178
SIMPLE IRA 269
simple is better than complex 222
Simpson, O.J. 253
Simpsons 158
Sinclair, Joseph T. 283
Singapore 207
single commodity 161
single-family housing 188
Sixth Circuit 104
S.J. Rundt’s Standard & Poor’s Ratings Direct 211
skill 23, 37, 228
slate roof 151
slowdown tactics 125
smallest denomination coin 125
small purchases 194
Smith, Adam 44, 90
Smith, Howard K. 100
Smithsonian Agreement 100
Smoot-Hawley tariff 25, 81, 95
snail mail 62
soap 187
social health 68
socialism 54, 113, 183, 281
socialist 115
socialist party 141
social money 102
Social Security 1, 2, 3, 4, 12, 27, 50, 82, 98, 108, 110, 134, 139, 246, 253, 258
Social Security Act of 1935 98
Social Security trustees 108
Société Générale 104
soft goods 77
soft subjects 157
soil 202
solar 150
solar energy 159
sole-proprietors 148
Solidus 89
solvent 233, 261
Somalia 206
Soros, George 102
sound money 14, 63
soup kitchens 76
South Africa 93
South Bend 149
South Carolina 252, 271, 272
South Dakota 252, 254, 279
South Korea 44
South Sea Company scandal 90, 125
South Vietnamese piasters 207
sovereign 9
sovereign credit default swaps 126
Soviet Union 42, 46, 58, 182
Sowell, Thomas 71, 137, 163, 194, 283
Spain 81, 89, 127, 206
Spanish government 91
Spanish tile 151
S&P Case-Shiller Home Price Index 216
Special Data Dissemination Standard 103
Special Drawing Rights (SDRs) 46, 99
specialists 127
special tax assessment 199
specie 31, 119
speculation 62, 126, 135, 210, 227, 230, 239, 242
speculative borrowing 64
speculative long position 216
speculative mania 89, 90
speculative strategy 203
speculators 11, 57, 152, 209, 224, 229
speed 190, 209
Spencer, Herbert 53
spending cuts 18
spendthrifts 48
spendthrift trust 253
spoil 179
spot (current) prices 173
spreading risk 54
sprinkler system 268
squatters 199
stable currency 13, 15, 34
stagflation 64, 68, 83, 189
Stagg, Amos Alonzo 281
stagnation 186, 189
stamps 161, 180
standard deduction 130
standard deviation 16, 227, 230
Standard Federal Bank 241
Standard & Poor’s 500 Index Fund 16, 153, 186
Standard & Poor’s Commodity Index 140, 163
Standard & Poor’s (S&P) 211, 242
starvation 102
starving billionaires 7
state and local taxes 241
state bankruptcy exemption 159, 245, 251, 254
state constitution 4
state government 271
state income tax 155, 271
state-owned colleges and universities 271
state’s tax laws 279
statistics 118
stealing 112
steam engine 228
steel 164, 201
Steinbeck, John 278
Stein, Herbert 1
stenography 128
stereotype 228
stern father 35
Steward Machine Co. v. Davis 50, 98
Stewart, Jimmy 66
stimulus 258, 276
stitch in time saves nine 35, 40, 127
St. Louis Federal Reserve Board Review 113
St. Louis University 281
stock 224
stock broker 18, 215, 221
stock exchange 5, 97, 126
stock losses 272
stock market 45, 64, 66, 68, 77, 81, 94, 97, 98, 103, 105, 113, 187, 188, 190, 243, 261, 276
stock market crash 5, 25, 54, 68, 77, 78, 95, 102, 141, 191, 227
stock prices 6
stocks 7, 12, 16, 17, 18, 38, 43, 45, 59, 77, 81, 85, 102, 112, 134, 141, 158, 170, 185, 186, 188, 189, 190, 204, 209, 210, 227, 261, 262, 263, 265, 271, 273
Stockton 140
stock traders 24
stop-loss option 277
stop-loss order 79, 203, 215, 221, 266, 271, 277
storage of purchasing power 181
storefronts 198
store of value 8, 13, 15, 141, 177, 181, 270
strained financial situation 171
strategic reserves 116
street demonstrations 117
strike 71, 76
strike price 221, 222, 277
structural change 262
structural changes 190
Structured Investment Vehicles (SIVs) 126
student loans 246
subcontractor 62
subprime 2, 25, 44, 54, 78, 101, 102, 103, 104, 111, 117, 124, 126, 139, 189, 198, 211, 226, 227, 228, 229, 242, 243, 259, 266
subprime crisis 228
subprime mortgage 228
subsidies 119
subsistence farmers 115
substitutability 201
suburban shopping centers 199
suburbs 199
subway tokens 194
Succeeding 11, 281, 284
sugar 173
suicide 5
suit 181
suitability 221
suppliers 62
supply and demand 51, 201, 231
supply and demand are balanced 201
supply-chain contagion 44
supply-side economics 55
Supreme Court 87, 91, 93, 94, 97, 98, 110, 113, 114, 115, 168, 178
surprise inflation 214
survivalism 19, 147, 148
Survival of the Snowbirds 155
survivor bias 187
suspend specie payments 119, 161
swap meet 179, 181, 183
swaps 103, 139
Swaziland 20
sweat equity 131
Sweden 102
Swensen, David 135, 187, 201, 227, 237, 284
swindle 45, 69
Swissair 257
Swiss Franc 65
Swiss Franc-ization 65
Swiss government 97
Swiss WIR Bank 97
Switzerland 25, 98, 166, 257, 258
systems failure 120
T
tails you lose 237, 242
Taiwan 44
taking back a mortgage 243
taking delivery 152
Taleb, Nassim Nicholas 23, 276, 283
tangible assets 12
tariff on imported interest 113
tariff on interest 99
tariffs 25, 84, 100, 108, 109, 112, 116, 123, 124
TARP 258
Taussig, Frank W. 106
tax 10, 18, 29, 50, 277
taxable 177
taxation 32, 64, 157, 278
tax avoidance 269
tax base 110
tax benefits 269, 270, 271, 275
tax bracket 130
tax deduction 70
tax-deferred pension fund 170
taxes 19, 25, 87, 112, 129, 141, 146, 275, 279
tax evasion 111, 117
tax-exempt pension account 237
tax-free 158
tax-free exchange 131, 178
tax-free gain 158
tax-free municipal bonds 235
tax increase 4, 18, 31
taxing social security 130
tax owed 246
tax rates 278, 279
Tax Reform Act of 1969 130
Tax Reform Act of 1986 266
tax revenues 2, 20, 33, 268
tea 173
teachers 72, 77, 127
teaching credential 127
teaching device 177
technology 55, 136
telecommunications 119, 182, 232
telecommute 153
telegraph 136
temps 82
Tennessee 252, 271, 272, 279
Tennessee Valley Authority 96
Tenth Amendment 91, 93
terminal disease 17
term life insurance 267
terrain 202
terrorist attacks 103
Tett, Gillian 226, 283
Texas 64, 105, 155, 156, 245, 252, 254, 271, 272, 279, 280
Thailand 102, 103, 228
theater 33
theft 174
Theory of Money and Credit 94
Third Lateran Council 89
Third World 37, 209, 234
Thirty Years War 89
This Time Is Different 9, 29, 32, 34, 36, 43, 51, 53, 54, 64, 68, 89, 110, 111, 189, 204, 206, 207, 210, 257, 258, 284
Thomas, Elmer 168
Three C’s of Credit 182, 215, 248
Three-Mile Island 222, 224
three-month lag 237
Tiananmen Square 46, 207
Tide 191
Tiger Management 261
tight coupling 222, 223, 225
tight money 81
Tilkin, Gary 283
Tillman, Pat 30
timber 102
time 262
time deposits 126
time disintermediation 263
timed it right 198
time is money 262
time line 88
time the market 77
tin 162, 165
tipping point 6, 273
titanium 165, 169
Title 33 249
tobacco 173, 179, 187
Tobin, James 40
Toffler, Alvin 136
too-heavy-to-ship items 264
tools 15, 159, 181
too much equity 83
tooth fairy 120
top 10% upper-income households 12
total market index 153, 186
total output 11
tourism 112
Tower Records 257
Toyota Camry 131
Tract on Monetary Reform 32
tractor fuel 255
trade 178
trade barriers 115
trade deficit 101
traders 25, 103, 104, 209, 225, 263
trade secret 53
tradesmen 159
trade war 81, 207
trading post 178, 181
Trading With the Enemy Act of 1917 120, 125
transaction costs 148, 170, 182, 223, 238, 240, 241
transactions 84
transparency 30, 103
Transparency International 207
transportation 152
transportation fringe benefits 130
travel 44
traveler’s checks 17, 59
Travelers Group 103
Treasury bonds 29, 37
Treasury Inflation Protected (TIPs) securities 10, 19, 33, 59, 103, 108, 132, 138, 236, 237, 238, 239, 240, 241, 247, 265, 277
treasury notes 87
Treasury Secretary 1, 26
Treasury, U.S. Department of 3, 84, 140, 239, 259
Treaty of Masstricht 102
Treaty of Paris 113
trees 148, 150
triple-glazed windows 150
trolleys 153
truck 273
trueque clubs 102
Truscon Steel Co. 195
trust 15, 18, 30, 122, 127, 139, 141, 146, 183, 193, 194, 206, 209, 234, 259
trustee 240, 251, 269, 270
trustee’s power of sale 249
trustworthy 14, 211
trustworthy countries 19
trustworthy institutions 19
tuition 189, 271
tulip futures 89
turkey 159
Turkey 119, 207, 209
tux 181
TVA 98, 117
TWA 257
Twain, Mark 44
two-tier gold market 99
two-way indexed asset 18, 59, 61, 139, 164, 173, 189, 193, 202, 203, 213, 236, 238, 246, 275, 277, 280
two-way indexed liquid asset 263
two-way price clause 225
two-way streets 167
type of assets 7, 8
types of protection 277
typing 128
U
UBS Bloomberg Constant Maturity Commodity Index (CMCI) 140
UDI 194
UF 141, 194
UF-like units of account 194
Ugarte, Augusto Pinochet 141
Ukraine 119
Ultimate Suburban Survivalist Guide 284
uncertainty 12, 23, 25, 53, 60, 186
Unconventional Success 227, 284
uncorrelated 18, 210, 229
underwater 80
underwriting 228
undistributed profits tax 110
unemployed 6, 13, 25, 34, 40, 67, 77, 81, 82, 94, 98, 109, 148, 182, 215, 253
unexpected high inflation 7, 167, 229, 238
unfunded federal government liabilities 20
unfunded liability 1, 2, 59, 84, 234
unfunded pension and health care obligations 208
Unidad de Fomento 141
Unidad de Fomento (CLF) Currency Exchange Rate Conversion Calculator 141
Unidad Tributaria Mensual (UTM) 141
unindexed 68, 236
unindexed code 130
unindexed debt 17, 59, 246
unindexed dollar-denominated assets 247
unindexed insurance policy limits 17
unindexed law 63
unindexed leases 18
unindexed long-term contracts 18
unindexed part of the code 130
uninsurable risk 229
uninsured deposits 84, 234
unions 50, 71, 76, 114, 119, 134, 140, 155
United Copper Company 94
United Kingdom 129, 206
United States 207, 208, 209, 257
United States dollars 241
United States Mint 104, 172
United States v. Bankers Trust Co. 168
unit of account 14, 15, 141, 177
Universa Investments 276
university 149
university endowments 71
University of California 272
University of Chicago 281
unknown 25
unknown unknowns 23
unlawful detention 120
unlimited risk 210
unlimited upside 79
unpaid furloughs 127
unpatriotic 34, 116
unregulated 226
unruly children 35
unsafe work 229
unscheduled balloon payment 274
unsecured creditor 251
unsecured debt 274
unsustainable 1, 27, 259
unusual and extraordinary threat 121
UPAC 194
upside-down 19
UR 194
urban areas 137
urban consumers 134
Urban Institute 78
Urban Renewal 199
urban wage earners 134
Urban Wage Earners and Clerical Workers 140
Uruguay 103, 194
URV 194
USAA Federal Savings Bank 170, 231
usable denominations 14
U.S. Army 267
U.S. bonds 237, 240, 245
U.S. Bureau of Engraving 58
U.S. currency collection 106
U.S. dollar 265
used car 183
use tax 246
U.S. government 232
U.S. government bonds 209, 237, 264
U.S. Mint 171, 217
U.S. Postal Service 222, 234
U.S. short-term bonds 228
U.S. Steel 116
U.S. Supreme Court 32, 50, 97, 98, 120
U.S. Treasury 3
U.S. Treasury securities 3, 7, 45, 82, 119, 123, 207, 236
usury 41, 161, 169, 277
Utah 252, 272
utilities 77, 147
utility and security deposits 253
UVC 194
V
vacant building 62
vacation or second home 74
vallar 194
value-added tax 111
value at risk 104
value buyers 263
value investing 38
value of your time 159
ValuJet 592 crash 222, 224
vandals 199
Vanguard Inflation-Protected Securities 240
Van Mises, Ludwig 147
vegetable garden 76
vegetables 132, 151
vehicle 25, 74, 83, 158, 189, 253, 274
vehicle repair shop 74
velocity 15, 61, 71
Venice 89
Ventura 194
Vermont 252, 278
versatility 145
vertical integration 63
veterans 110
Veterans Administration (VA) 95, 99, 149, 217, 218, 249
veteran’s benefits 253
viable firms 262
vices 187
vicious downward spiral 263
video cameras 264
Vidor, King 148
Vienna 92
Vietnam 49, 120, 195
Vietnam war 3, 128
vigorish 243
Virginia 252, 271
Visa 116
volatility 227
Volcker, Paul 17, 42, 47, 49, 50, 78, 100, 112, 116
voluntary bankruptcy 248, 251
Voluntary Foreign Credit Restraint Program 99, 113
voluntary liens 274
voluntary price controls 116
W
W-2 income 68
Wachovia 104, 133
wage and price controls 4, 58, 63, 100, 109, 112, 115
wage-price “guideposts” 116
Wagner Act 98
waiting 77
walk 217
walk away 81, 203, 204
walk to shopping or work or school 152
Wallich, Henry 59
Wall Street 3, 226, 259
Wall Street Journal 3, 4, 208, 272
Wal-Mart 4, 193
WaMu 257
war 11, 23, 33, 34, 41, 58, 65, 71, 73, 82, 87, 89, 91, 109, 115, 120, 139, 167, 194, 195, 198, 207, 209, 229
war bonds 87
Warburgs 121
War, Civil 87
warehouse receipts 85, 88, 92
warehouses 198
warning lights 5
War of 1812 91, 119
warrant 146
war reparations 71
war-time hysteria 76
war-time powers 120
Washington, George 49
Washington Mutual Bank (WAMU) 104
Washington state 94, 194, 252, 271, 272
WASPs 95
waste 55
water 159
water bills 274
waterfall 150
Watergate 116
water rights 254
wealthy 12, 48
weather 23, 137, 145
Weather Handbook 150
wedding and engagement rings 254, 255
Weidenbaum, Murray 70
Weimar Germany 5, 7, 10, 52, 57, 59, 61, 67, 71, 78, 94, 118, 139, 146, 200, 203, 214, 259
Weinberg, Carl 81
Welch, Jack 102
welfare 103
welfare recipients 78
welfare states 208
well 147, 148
Wells Fargo Bank 104, 133
welsh 258
Wessel, David 122, 284
West Coast Hotel Co. v. Parrish 98
Western Europe 89, 208
Western Roman Empire 167
West Point 66, 150, 257, 267
West Virginia 147, 194, 246, 252, 271
W. Federal 199
What Has Government Done to Our Money? 31, 70, 86, 182, 284
wheat 26, 163, 178
wheelbarrows of cash 57, 67
When Genius Failed 224, 284
Whip Inflation Now (WIN) 100
whole life insurance 267
Why Smart People Make Big Money Mistakes and How to Correct Them 284
wife’s name 255
wild guess 240
wild turkeys 148, 159
Wile E. Coyote moment 27
willful and malicious acts 246
Williamsburg 149
Williamstown 149
Wilson, Woodrow 94
wind mill 150
winged liberty head U.S. silver dime 180
Winning the Loser’s Game 284
Wisconsin 252, 278
withdrawal 268, 269, 275
Wizard of Oz 128
wood 159
Woodin, William 97
wood shingle roof 151
wood siding 151
wood stove 147, 150, 159
wool 89
Woolworth 190
Worcester 149
Workamper News 154
workers 48
workers’ compensation 253
working hard 17
working without pay 127
works of art 161
Works Progress Administration 98
World Bank 101, 141
World Bank UF bond 141
WorldCom 257
World GDP 1
World Series earthquake 67
world trade 25
World War I 6, 7, 33, 42, 46, 57, 65, 71, 94, 96, 120, 167, 258
World War II 6, 9, 13, 42, 51, 57, 77, 99, 111, 115, 117, 120, 136, 164, 266
World War I Liberty Bonds 168, 200
world wars 206
worst case 219
Wriston, Walter 70, 211
written communication 61
Wyoming 252, 278
X
xenophobia 44, 111
Y
Y2K problem 103
Yale 33, 135, 187, 201
Yaqui Pass 155
Yellow Springs 194
yen 46, 208
yield 26, 37, 45, 103, 186, 188, 239, 241, 242
yield curve 39
You Consumer Price Index 134, 138
young people 12, 48, 207
Young, Roy A. 95
Youngstown 5, 7, 37, 76, 82, 109, 125, 127, 157, 185, 186, 195, 198, 233, 258, 267
Youngstown Steel & Tube 185
Youngstown Vindicator 233
Your Income Tax Professional Edition 284
Your Money & Your Brain 284
yuan 43, 46, 205, 207
Yugoslavia 119
Z
Zaire 119
zero inflation 13, 239
zero interest rate 255
zero percent interest rate 80, 166, 233
zero-population-growth 257
Zimbabwe 6, 7, 52
zinc 172, 265
zlotys 65
Zuckerman, Gregory 2, 283
Zweig, Jason 284