Inflation by any other name – Central banks around the world increase balance sheets from $2 trillion in 2008 to $6 trillion in 2013. The slow erosion of purchasing power in the US.
The Federal Reserve has been trying with all its power to stoke inflation. This is not the stated mission and you will not hear this proclaimed over loud speakers but if actions speak louder than words, this is the policy they are following. Yet the Fed is picking winners and losers with their inflation targeting. […]
How much do Americans earn? What is the average US income and other income figures. Fiscal cliff talks only useful in context of incomes.
With talk of the fiscal cliff taking up most of the headlines it is probably useful to look at income figures for Americans. The media rarely discusses income because it is a touchy subject. It probably would not be savvy in a marketing sense to tell viewers that their incomes have been stuck in the […]
Diving into the fiscal economic mess – Fiscal cliff a reckoning for decades of poor financial management and massive debt based spending.
The media is making it appear that the fiscal cliff is a sudden event. Like a countdown to a New Year’s party. Yet this cliff was as predictable more than a decade ago as we spent more than we took in as an economy. The challenge is real because our spending is so much more […]
The erosion of purchasing power via inflation – Federal Reserve and the permanent portfolio.
Inflation has a subtle and quite way of eroding your purchasing power. The process can unfold slowly and before you know it you suddenly wake up realizing your paycheck no longer stretches so far. This is happening across the US in many ways. Those on very tight budgets, especially those now on food stamps are […]