Inflation: Good News. Bad News:
Inflation is increasing less, but prices are still high. Very high. And you know where the job growth is, right? Here are some job numbers and inflation numbers. Inflation in…
Inflation. We all know how bad it was, but momentum tells us it is still going to be bad. Newton’s First Law of Motion.
When our leaders talk about inflation, it’s important to focus on future probabilities rather than past numbers. Past figures might make us comfortable, but they don’t help us with next…
Debasing a Nation’s Currency or Money Supply Is Never a Good Thing
The debasement of currency is a practice with a long history. It refers to the act of decreasing the content of fine metal in coinage, which typically reduces its value.…
Money Supply Goes Up and So Does Inflation, Interest & Hardships
With inflation, more money means less money in your pocket to buy the things you need. With increases in federal borrowing, then the money you have is worth less, and…
A Trillion Here, A Trillion There And Before Long You’re Talking Real Money
The proposed stimulus bill needs to include opening up the economy to jobs, to people, to growth, to students. Heck, Governor of New York and Mayor of Chicago now see…