Many people are fearing deflation but is this really something to be feared? Not at all! If we had an unhampered, free market deflation would naturally occur in the economy! We would have slowly falling prices because we are more productive and at the same time, real wages are rising! Today, real wages are falling and the Federal Reserve is slowly eating away our purchasing power via inflation! The deflationary death spiral is a myth and can never happen. Only when government gets involved can a great depression like scenario occur.
Prior to Donald Trump being elected, it was said the markets would crash! The stock market is at record highs and the dollar is at a 14 year high! So does this mean our economy has recovered? No, what we are seeing now is short-lived and once Trump … [Continue reading]
Donald Trump will be the 45th President of the United States. A guy who has never held public office will be serving in the most powerful position in the world. The world of politics today is crazy, to say the least and as some people are happy with … [Continue reading]
Out of 330 million American our 2 choices for President came down to an alleged criminal or a crony capitalist! Both Hillary Clinton and Donald Trump want to grow the size of government. Our national debt is nearing $20 Trillion in debt and the next … [Continue reading]
Hillary says the rich don’t pay their fair share and she wants to go where the money is! Where is most of the money at? The majority of people are in the “middle class!” The dirty little secret is that Hillary will tax the middle class to get … [Continue reading]