Economy

In spite of philosophical differences in many areas of politics and economics, Ron Paul and Simon Johnson agree that the cosiness that exists between the U. S. Congress and the financial elite has not worked, and is not working, in the best interest of the average American. They both suggest that major changes must be made in that relationship to strengthen the American economy. Is it too late, however, to avoid the repercussions of an even weaker greenback, rising inflation and the opening of the floodgates in the price of all investments related to gold and silver? Words: 1336

Could the Fed be preparing another stock crash to flood the bond market with demand? Who knows but it would make plenty of sense to me. Words: 789

You've probably heard that the economy is recovering, that consumers are more optimistic, and that companies might soon begin hiring more workers than they're firing. Hooray. The only problem with such an upbeat prognosis is that large chunks of the U.S. economy remain addicted to financial painkillers. Words: 845

Inflation represents a loss of discipline that always ends up hurting a large number of people. Furthermore, the consequences of inflation can leave wreckage in which policymakers are left with no good alternative policies to follow. Words: 961

Policies aimed at countering a fall in prices, which are supposedly aimed at fighting deflation, do nothing more than provide support for nonproductive activities and delay the chances for a durable economic recovery. Words: 1586