Ben Bernanke, Chairman of the US Federal Reserve, faces a Sisyphean task because US banks are experiencing debt deflation and, because lending is now at much lower levels, monetary deflation is encumbering the domestic US economy as existing debts continue to be serviced. Government deficit spending...
Posted to
Hera
by
Ron Hera
on Wed, Mar 10 2010
Filed under: Federal reserve, US dollar, CPI, deflation, debt, inflation, GDP, central banks, money supply, US economy, central bank, M3
Key to Investment Success — Inflation or Deflation? By Monty Pelerin , posted December 31st, 2009 http://www.economicnoise.com/2009/12/31/key-to-investment-success-inflation-or-deflation/ Inflation or Deflation? For investors, the critical question is are we headed toward Inflation or Deflation...
It is often remarked that the existence of unions is proof of the inefficiency and failure of markets to pay workers adequate wages. That workers, as a great multitude with little individual influence, must form socialistic collectives in order to provide a counterweight to the great power wielded by...
Posted to
Solredime
by
Solredime
on Tue, Dec 29 2009
Filed under: regulation, intervention, sticky, unions, trade unions, deflation, inflation, competition, sticky wages, raising prices, raising wages
If a lawless gang of madmen, gamblers and alcoholics seized control of a large company, how would you expect the business to perform? How would you expect the story to end? What if, instead of a company, they seized control of the world's largest economy, thus, to some extent, the world financial...
Posted to
Hera
by
Ron Hera
on Tue, Dec 1 2009
Filed under: Federal reserve, US dollar, CPI, deflation, inflation, GDP, USDX, central banks, Gold, US economy, central bank
There is little doubt in my mind that we are heading for a train wreck. The timing and catalyst that trigger this reaction are much more difficult to determine. The potential catalysts are many, any one of which would trigger the wreck. A dollar crisis or a Treasury fund-raising crisis (likely to appear...