Pushing the big problems into the future appears to have been the working strategy for both the Fed and recent Administrations, yet the U.S. dollar and the budget deficit do matter, and the future is at hand. The day of ultimate financial reckoning has arrived, and it is playing out. Words: 1096
March 8th, 2010 | Posted in Inflation/Deflation | Read More »
The cards may be stacked against equities in 2010. After one of the most spectacular rallies in the history of the equity markets from its March, 2009 low stocks are now arguably overbought, overvalued and on borrowed time Words: 773
March 2nd, 2010 | Posted in Economy | Read More »
America’s massive debt and unfunded liabilities make inflation the only viable option for today’s policymakers because when the value of future dollars is diminished, future obligations in those depreciated dollars are diminished.
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February 16th, 2010 | Posted in Inflation/Deflation | Read More »