Deflation or Hyperinflation

One economic theory states that we can never have deflation in a long term economy. For prices to deflate would be contrary to the built-in safeguards put forth by the government agencies. The main cause of a deflation would have to be a massive withdrawal of money from the banking system. As long as the money is insured, that is unlikely to happen. I tend to agree with that theory. It is unlikely that prices will go down long term (Read More...)

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The New Normal

Many of the things that Americans have been able to take for granted for decades are rapidly coming to an end.  The truth is that a growing economy that produces an ever-increasing amount of good jobs for a thriving middle class is not guaranteed to last forever.  In fact, there are lots of signs that the middle class in America is already being ripped to shreds.  The number of Americans on long-term unemployment (Read More...)

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The Truth About America’s National Debt 2010

America’s national debt is exploding out of control, and still most politicians in Washington D.C. don’t really seem that interested in doing anything about it.  Why?  Well, the truth is that if the U.S. government reduces government spending that will slow down the economy, and if the economy slows down then Americans will blame the politicians, and if Americans are angry at the (Read More...)

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10 Huge Flashing Danger Signs That The U.S. Economy Is Headed For Disaster

Most Americans believe that the U.S. economy will fully recover from this recent recession and will soon become stronger than ever.  But that is definitely not what is happening.  The truth is that the very foundations of the U.S. economy are coming apart and we are headed for a massive amount of financial trouble as a nation.  Collectively, the U.S. government, U.S. businesses and U.S. consumers have piled up the biggest mountain of debt in the history of the world.  This mountain of debt has (Read More...)

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