Aug 4 2015

Comparing the cost of living between 1975 and 2015: You are being lied and fooled when it comes to inflation data and the cost of living.

Inflation is widely misunderstood by the public. Even economists tend to have a hard time coming to a general agreement to the true definition of inflation.  When you ask the person on the street what inflation is they usually respond by saying the “price of things going up” which is more of a consequence of […]

Feb 28 2015

The long inflation con on the public: How the CPI severely underreports inflation and the slow erosion in the American standard of living.

The Consumer Price Index (CPI) is supposed to give us a good barometer of price changes in the economy.  Unfortunately the CPI misses many big items like housing and college tuition.  The latest report shows that the economy had a taste of deflation for the first time since the Great Recession hit.  Of course this […]

Jan 27 2015

Comparing the inflated cost of living today from 1938 to 2015: US Dollar losing an enormous amount of purchasing power since 1938.

People have a hard time understanding how inflation erodes their purchasing power.  Little by little the cost of everything goes up and people simply assume this is normal in an economy.  The $2 movie ticket becomes a $8 movie ticket.  That can of tuna just got smaller but the price remains the same.  The cost […]

Mar 12 2014

The perpetually depressed American consumer: Stock market high and bounce in real estate does not assist in boosting consumer confidence. 57 percent of Americans think economic outlook is getting worse.

Looking at the stock market and real estate prices would lead you to believe that the economy is recovering at a healthy clip.  The underlying conditions of the economy may benefit the financial and real estate sectors (both live off each other) yet for most American families conditions are not rosy.  In fact consumer confidence […]

Dec 22 2013

Comparing the inflated cost of living today from 1938 to 2013: How the US Dollar has lost incredible purchasing power since 1938.

Money is only as useful as to what it can purchase.  The Fed has created a system where debt is now equal to money.  This is why big purchases like cars, housing, and even going to college are only feasible by mortgaging your future for many decades.  Since the payments are broken down into tiny […]

May 11 2012

The wrecking ball of hidden inflation and Fed based strategies – food inflation far outpacing overall inflation and eating away at the purchasing power of 46,000,000 Americans on food stamps.

The Federal Reserve has openly called for a steady growth of inflation.  This almost dogmatic view on inflation is problematic because it is detached to the lack of wage growth being experienced by working and middle class families.  What you do not hear articulated from the Fed is that they would like to encourage wage […]

Apr 12 2012

Educating students to debt – Student loan debt now second largest sector of household debt approaching $1 trillion. 14 percent of consumers have one account in collections.

College debt is fueling the out of control higher education bubble.  The Federal Reserve tracks most household debt sectors very carefully including mortgage debt, auto debt, and credit card debt.  You would think that they would follow student loan debt carefully.  That was not the case until recently.  More disturbing however is that student debt […]

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