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/
Showing posts with label prosperity. Show all posts
Showing posts with label prosperity. Show all posts
Monday, October 2, 2017
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
http://charleshughsmith.blogspot.com/2015/12/the-fallacy-that-weakening-your.html
Labels:
currency,
Fallacy,
Generates,
prosperity,
Weakening
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
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
Labels:
Great Source,
middle class,
next,
Presenting,
prosperity
Thursday, August 28, 2014
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.
http://www.heritage.org/index/Ranking.aspx
The limited role of government also factors into the economic freedom equation.
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