The creeping cost of consumer inflation brought to you by a lower US dollar – Americans squeezed as inflation filters into the cost of daily life. The uncertain employment market of low wage work.
There are unintended consequences when policy aims at depreciating a currency in favor of bolstering an ailing banking system. The Federal Reserve has been on a multi-decade mission to lower the value of the US dollar. The primary purpose of this mission is to inflate banks into solvency as they try to work their way […]
Expanding the debt bubble to a tipping point – US government debt growing 4 times faster than GDP. Retail investors largely out of stock market.
The global market is being held together with the veneer of massive debt duct tape. The solution for much of the European debt crisis was to simply add more debt to the current situation. Solve a debt problem with more debt in other words. All this does is delay the inevitable. The hope is that […]
The modern day Gilded Age – in 2010 top one percent captured over half of all income gains. From early 2009 the S&P 500 is up 109 percent but home prices are at new lows falling almost 34 percent.
Most Americans derive their net worth from the equity built up in their homes. This has been the case for many decades. As the stock market races upwards to stratospheric highs it is hard for many average Americans to understand why it is that economically they are stuck in the same place. New tax data […]
Little Known Ways the Federal Reserve Punishes American Savers and Supports Conspicuous Consumption.
The Federal Reserve is one of the most mysterious organizations in the world. What they don’t hold back on however is their intentions for the American saver. They are one of the biggest key players in the financial bailouts yet very little is ever discussed about this organization on national or even cable television. The […]