Showing posts with label prosperity. Show all posts
Showing posts with label prosperity. Show all posts

Monday, October 2, 2017

Fed Study: The Bottom 90% & The Failure Of Prosperity

So after Wall Street sycophants (mouthpieces, really) and mainstream economists labeled naysayers like myself as uneducated dolts after declaring Main Street was losing as Wall Street was winning, the Fed now admits what we've been saying all along. The bottom 90% has lost big-time, even as fat cats have been prospering due to record-high equities and bond markets. Gee, all you shills can pull your head out of your a$$e$ now.

https://realinvestmentadvice.com/fed-study-the-bottom-90-the-failure-of-prosperity/

Tuesday, December 8, 2015

The Fallacy that Weakening Your Currency Generates Prosperity

The author is correct in declaring debasing one's currency diminishes the purchasing power of a nation's citizens, thereby dampening economic growth.  But he offers no solutions in this article.  Hedging against reduced purchasing power requires owning hard, tangible assets, including physical precious metals.


http://charleshughsmith.blogspot.com/2015/12/the-fallacy-that-weakening-your.html

Wednesday, June 3, 2015

Presenting The Next Great Source Of Middle Class Prosperity

Prior to the subprime mortgage bubble, households were using their home equity as ATM machines.  Today, it is possible to use one's automobile as collateral for more cash out loans.

So we have the student loan bubble to deal with.  Margin credit in investment accounts are soaring to all-time highs.  A roaring bond market bubble created by suppressing yields to zero.  A re-inflating bubble in certain real estate markets.  And now an auto loan credit bubble.

Awesome.

http://www.zerohedge.com/news/2015-06-03/presenting-next-great-source-middle-class-prosperity

Friday, January 22, 2010

The link between economic opportunity and prosperity

For those who question the advantages of a free society with personal property rights, please click on this link by the Heritage Foundation:

http://www.heritage.org/index/Ranking.aspx

The limited role of government also factors into the economic freedom equation.