Tag: Inflation
The Trouble With ‘The Wall…’
The Donald goes to ‘The Wall’ and the debate goes on. Meanwhile, we’re losing ground financially. The country is at least $1.2 trillion poorer today than it was in 2016.
Alexandria Ocasio-Cortez: A Danger to The Nation
A big, new danger appeared in Congress this month: Alexandria Ocasio-Cortez, the newest representative of New York’s 14th district.
Trump Is Trapped
Stocks advanced a little yesterday. Investors were said to be hopeful about the upcoming trade talks with the Chinese. With a little luck, President Trump will talk to Chinese President Xi Jinping about the ongoing trade war. He’ll announce a
This Could Be Worse Than 1929
The stock market may have resumed its selloff sooner than we expected.The Dow fell 660 points after Apple announced weak sales — mostly in China.
What Trump and Powell Do Next…
Well, we were wrong. We figured the Fed would pause now. Instead, it went ahead with its rate hike and suggested it would pause in 2019.
The Fed Has the Shakes
Central banks have no economic magic. No financial panaceas. No money miracles. They can’t really make an economy run better.
Dow 10,000
Trump will do whatever he can to keep prices rising on Wall Street — by talking up the economy with his usual mixture of real bravura and counterfeit facts.
What Trump Will Say at the G20
The Fed’s big mistake following the 2008 crisis was holding interest rates down too low for too long. This discouraged saving and made debt more attractive.
The Best Stock Investors: Dead People
Stocks are greatly overrated. You could have bought the whole Dow in 1928 for 10 ounces of gold. Then use those same 10 ounces to buy the Dow again in 2013.
The Challenge of Wage Growth
Unemployment is low in many parts of the developed world. Perhaps as low as it will go this cycle. The next thing on the economic agenda is wage growth.
You Pay a Hefty Price for Central Bankers’ Folly
How much do you think central bankers make? Go on, give me your best guess? Most of these people are rich before they ever enter the role.
Stagflation, Here We Come!
Stagflation is a concept that boggles the mind. It’s about high inflation, yet stagnant wages. What does it mean for the future of America?
America’s Fake-Money Success Was an Accident
The American dollar is a success because we have a strong and stable system. But is it really? We go behind the myth, and what we find isn’t pretty.
Are You Better Off Now Than You Were 50 Years Ago?
How many hours of your time do things cost? The facts are astonishing…And they give credence to the millennial whinging about how baby boomers had it easier.
You’re Being Robbed: Inflation Is the Culprit
If we keep up the current rate of inflation, it will mean that the increasing price of goods could outstrip increases in wages.