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 […]
Mar 15 2012
A shadow inflation hits shoppers through economic sleight of hand: Inflation and the hidden side of finances.
Anyone that shops realizes that the price of goods has only gone up. Yet by how much is deceiving by economic chicanery. The Federal Reserve has taken a baseball bat to the US dollar and the purchasing power of what Americans carry in their wallet. Yet many Americans have been duped into thinking inflation has […]