Wednesday , 25 December 2024

Search Results for: interest rates

An Inflation Inferno is Expected – but When? (+4K Views)

Daniel Thorn­ton, an econ­o­mist at the Federal Reserve Bank of St. Louis, argues that the Fed’s pol­icy of pro­vid­ing liq­uid­ity has “enor­mous poten­tial to increase the money sup­ply,” result­ing in what The Wall Street Journal’s Real Time Eco­nom­ics blog calls “an infla­tion inferno.” [Personally,] I think it’s too soon to make sig­nif­i­cant changes to a port­fo­lio based on infla­tion fears. Here's why. Words: 550

Read More »

Debt and the Santa Claus Principle (+2K Views)

"An essential point in the social philosophy of interventionism is the existence of an inexhaustible fund which can be squeezed forever. The whole system of interventionism collapses when this fountain is drained off: The Santa Claus principle liquidates itself." [This article discusses the reality of the current economic crisis and] what is required to revive the economy. Words: 1666

Read More »

Events Accelerating Towards an Ultimate Dollar Catastrophe! Here's Why

With the U.S. election just six months off, political pressures will mount to favor fiscal stimulus measures instead of restraint. Such action can only accelerate higher domestic inflation and intensified dollar debasement culminating in a Great Collapse - a hyperinflationary great depression - by 2014. [Let me explain why that is the inevitable outcome.] Words: 2766

Read More »

Goldrunner: Fractal Gold Analysis Says Gold On Way to $3,500 Mid-year!

Our Fractal Model suggests the wave for Gold in US Dollars will sweep up into the $3500 to $3600 area into the mid-year time-frame. The leading edge of that time-frame begins in May and extends out for a few months. A potential for Gold to spike to a $3900 extended fib level exists. Like all parabolic moves in Gold, the late stages create the biggest price movements. Personally, I would be happy with a huge Gold run up to the $3200 level. Words: 1400

Read More »

The Premise That Higher Oil Prices Will Cause Inflation and/or a Recession is Wrong! Here’s Why

The classic argument is that, because 70% of the economy is driven by consumer spending, an increase in gasoline prices will cause a decrease in consumer spending, which will cause an economic decline. [My research, however, indicates that] the premise that higher oil prices will cause inflation and/or a recession is wrong. [Let me explain why that is the case.] Words: 1097

Read More »

Addiction to Credit Card Debt Remains Excessive Albeit Declining – Here are the Facts (+2K Views)

Households with credit card debt carry $16,000 at an average rate of 15% and, given that some households have little credit card debt, you can imagine how high the debt is for others.. Imagine, $16,000, but that is actually down by 17% as the grand American household deleveraging continues. [Be that as it may, credit card debt is still excessive with all ages and all income groups. Here are the facts.] Words: 760

Read More »

Busy? Then You Might Have Missed These Top 10 Articles of the Week

We all live extremely busy lives and often fail to keep up with the most informative articles posted on the internet. munKNEE.com searches the internet for such articles out there and posts the best of the best in an edited and abridged format each and every day for the sake of clarity and brevity to ensure a fast and easy read. Below are links, with introductory paragraphs, to the 10 most popular for this past week in descending order. You're busy so save time by just reading those that interest you most and Sign-up for Automatic Receipt of Articles as they get posted on munKNEE.com - Your Key to Making Money! Words: 1150

Read More »

Health of World’s Monetary System Moving Into Terminal Stage! Here’s Why (+2K Views)

The time is now fast approaching when all debt will be defaulted on...A debtor's default will impact the creditor (who is usually also a debtor to yet other creditors), causing him to default, and so on. When this begins in earnest, it will wipe out the banking system and thus everyone's "money." The paper currencies will not survive this. We are seeing the early edges of it now in the euro, and it's anyone's guess when it will happen in Japan, though it seems long overdue already. Last of all, it will come to the USA. The purpose of this article is to present the early-warning signal and explain the actual mechanism to these events. Words: 1386

Read More »