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 […]
The Temple of Inflation – where does the typical Americans spend their money? A comparison between 1986 and today.
For most people that I know the mortgage and rent payment will eat up the largest portion of a monthly budget. This is the case for the vast majority of Americans as well. Housing is the biggest line item expense on the monthly budget. For the most part people tend to think that the Federal […]
Recession probabilities – For the 50 million Americans in poverty the probability of a recession is 100 percent. Growing economic divide for working class.
The probabilities of the US slipping into another official recession are growing. Don’t tell this to the 50 million people that are reportedly at the poverty level according to a new US Census report. This trend isn’t something new and it certainly is not going to be resolved overnight. We have nearly 47 million Americans […]
A nation in the pangs of deleveraging – The long-term trend of a declining dollar and a collapsing middle class.
As Americans go out to vote many go blissfully unaware of the reality that our total public debt is now above $16.2 trillion. If your only source of information was the mainstream press this fact rarely came up in any debates or journalistic investigations. The discussion of stagnant household income never even came up in […]