Tag Archives: interest rate
Cause and Effect of a Broken Market
According to the professionals, the economy’s improving. Can you believe it? Despite the fact that first quarter GDP declined at an annual rate of 1 percent, economists are coming up with the darnedest reason why things are getting better. “Late … Continue reading
Wealth Building for Pigs
Today we close our eyes, tilt back our head, and breathe deeply. Not only do we breathe in oxygen…we breathe in something more: Perspective. We’ve never gutted a hog around here. But, from what we gather, it’s a bloody mess. … Continue reading
Shattering the Fed’s Hall of Mirrors
“We will develop ambitious but realistic policies with the aim to lift our collective GDP by more than 2 percent above the trajectory implied by current policies over the coming 5 years,” declared the G20 statement. The communiqué was released … Continue reading
Total Abandonment of the Rules of Common Sense
U.S. consumers are doing what they do best. After a six year hiatus, they’re back at it. Consumers are eagerly borrowing money. What’s more, they’re spending it! According to the Federal Reserve Bank of New York, U.S. consumer debt rose … Continue reading
