Jan 8 2013

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.  […]

Jan 5 2013

American Gerontocracy: Since 2009 2.7 million jobs for those 16 to 55 have been lost yet 4 million jobs were added for those between 55 and 69.

It is still a tough time to be young and looking for work in the United States.  With the steady destruction of blue collar industries with living wages, many have to pursue a college degree for any chance at becoming middle class.  Yet higher education has become a debt plagued mess where students have to […]

Jan 4 2013

Retirement no more: Median net worth at lowest level since 1969 recent study finds.

There may be a temporary jubilee with the notion that the fiscal cliff has been deferred for a few months.  The media is quick to accept anything for a victory but very little has been done to stop our marching path onward on this massive debt spiral.  Many Americans continue to live in poverty with […]

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