There’s been a lot of chatter in the financial news this past week concerning deflation, with one blogger for the Motley Fool [http://caps.fool.com/blogs/viewpost.aspx?bpid=111216&t=01001019292467236494] even proclaiming, “Clearly deflation is here.” But is it?
Are we there yet?
Deflation is defined as falling prices over a lengthy and sustained period of . . . → Read More: Deflation and Helicopter Ben: the U.S. economy on the line
In 2007, Citigroup was the largest bank in the world, worth over $300 billion. This was the peak of the Federal Reserve’s latest inflationary bubble, and business for Citigroup—a chief participant in the Fed’s legal counterfeiting—was good.
Fast forward to November 21, 2008. Citigroup’s stock was more than 94 . . . → Read More: The Citigroup Bailout Unmasks the Fed
Paulson has spoken. Yet again.
The Treasury decided to increase the spending stakes. Paulson sang a familiar tune today, humming $600 billion for mortgage backed securities, and $200 billion meant to thaw credit for consumers. He aims at greater credit availability for student loans, car loans, and healthy new mortgage loans.
For average Jack . . . → Read More: Does Paulson Understand the Average American Crises?
Today, Barrack Obama announced the core of his economic team. Timothy Geithner will lead Treasury, Larry Summers will head the National Economic Council, and Christina Romer will chair the Council of Economic Advisers. In his news conference, President-elect Obama stated that they would “do whatever it takes” to pull the US economy out of its . . . → Read More: Obama’s Economic Team – Will They Get It?
Although doctors have been able to perform surgeries on babies before their birth for the last 20 years, it has only recently become an option that could be practiced more frequently in the near future. Currently, the risky nature of a surgery to a pregnant mother and child has limited the use of this . . . → Read More: The Promise of New Treatments to help Babies Still in the Womb
The financial liquidity crisis is in full swing around the world. It is no wonder that experts and novices alike seek ways and means to prevent a future recurrence. Many different solutions are enacted and proposed. All of them center on wealth and money or votes.
. . . → Read More: GOLD STANDARD … DEBUNKED OR ANOTHER BUBBLE?
The advantages of going virtual for companies are obvious. One of the greatest of these, yet one that’s often overlooked, is the ability to select employees without geographical limitations or relocation costs. This also carries cost-of-living possibilities even within national borders, as, for example, the price of an editor outside of . . . → Read More: Trading Off: Virtual Companies and Relative Economics
Inheritance is a civil right and not a natural right. Way back in 1898, the Supreme Court ruled that the right to take property by devise or descent is the creature of the law and not a natural right. The government had the absolute right to decide as to the terms upon which a . . . → Read More: America’s Most Effective Weapon Against the Rich
Think back to the last time you went to the doctor. Were any tests run? Did the doctor seem to guess at what was wrong? Were you prescribed medicine that didn’t work or you didn’t need? It seems that any more, when you visit your doctor, you are really being treated by your insurance . . . → Read More: Is Health Insurance Really the Problem and Not the Cure?
How I thought America was the land of the Free, and how I was wrong. . . . → Read More: Why I want to get out of America as fast as I can