In order to prevent a recession from getting out of hand, the central bank must lift the money supply and aggressively lower interest rates. Once consumers have more money in their pockets, their confidence will increase, and they will start spending again, thereby reestablishing the circular flow of money, so it is held. Words: 542
March 13th, 2010 | Posted in Debts/Deficits,Economy | Read More »
You too can live comfortably and buy the things you want without worrying about how to stretch your income even further — you can even pay off your old bills in the process! Get out there and start making money! Words: 911
March 11th, 2010 | Posted in Personal Finance | Read More »
Robust economies utilize all spare capacity, or restructure it for better use. Having 17% of our able-bodied population sitting at home or working part-time at Cinnabon indicates that our present policies are weakening the economy — even if GDP is growing. There is no “jobless recovery,” only senseless cheerleading. Words: 699
January 7th, 2010 | Posted in Economy | Read More »