There are a series of new books out which talk about the next 100 years or the next 200 years, but that about the next ten years? There are short-term arguments for recovery and a stronger dollar, however, the economy is not healthy. The next ten years does not look good for the US economy.… Continue reading The next ten years – 10 reason the US economy is in trouble
There is too much negativity and conspiracy theories circulating arround the web and media relating to economic meltdowns, inflation and the food crisis. That being said, one concern of mine lingering out there is inflation. The purpose of this post is to in simple non technical terms look at the possibility of inflation and in… Continue reading Price increases – food inflation
This is the only guide you will ever need to save money. I do not believe being thrifty and frugal will make you rich. I believe in income generation for wealth creation. However, many people are struggling economically and I thought I would create a guide on how to save money when you have none.… Continue reading How to save money
What is happening to US manufacturing? My message is do not listen to the politicians who have no clue. They will tell you anything and many have very marginal powers of discernment when it comes to economic issues. My answer to the question about the US production base is, yes US production is shrinking but:… Continue reading Is the US losing its Manufacturing Base?
Is it better the USA is a mercantile or free trade nation? The populist mercantile argument, of protectionism, is gaining momentum. It is not only harmful to the US economy (you), but President Obama supports it. It is beyond me why our President would lead us down a path of doom with a failed economic… Continue reading Free Trade vs. Mercantilism
The purpose of this post is to describe what is happening to our economic system. Where is it going and what is our economic fate. I call this process we are in now capitalism 2.0. What is happening with capitalism Are you wondering what is happening in the US and developed countries in the world… Continue reading Capitalism 2.0 is it Good or Bad?
My review of Zombie Economics by John Quggin I enjoy reading books on Economics. Zombie Economics by John Quiggin (an Australian Economist) is a well-written book from an entertainment standpoint. Even the title is a little flashy, as is the book’s cover, zombies coming back to life. Its value is drawing people into the subject… Continue reading Zombie Economics Review
Inflation this year I wanted to write an article about will we have inflation or deflation. But the reality is there is little debate as to which we will have. Please watch the video in this post on that subject as it is interesting for an economic video. Inflation will start to pick up a… Continue reading Inflation rate forecast next year
Abolish the Federal Reserve banking system I am getting a Ph.D. in Economics and one fact is clear. From 1787 to 1913 the dollar went from $1.00 to $1.06. In 1913 the Federal Reserve Bank was created and the US dollar in 1913 is now worth $.04. That is right 4 cents, not to mention… Continue reading Abolish the Federal Reserve
Why low rates of interest can cause deflation – an insight for today from Wicksell The aim of the post is to clearly explain why in times of falling interest rates there is often deflation. Further, how does this related to today’s economy. I will explain it in terms of a simple model put forth… Continue reading Wicksell – Interest and Prices