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The rate is worthless if you do not use it properly. When judging interest rates, it should be based on what it get purchased (housing). When you are looking entitlements, you should be looking at wages. But if you are looking for the true box; go to your local gas station and ask why you are not getting paid to fill u...more
Despite all what is said about inflation. It really is “Wages and Profits”. Also, current inflation rate is missing one big item from it, Housing. That is if you look at it from the other side of the balance sheet.
Another view of a Crystal Ball
The Left says SS and Medicare are needed and should be altered. The Right says the people should be using and living with their own 401Ks.
Washington should understand that the NASDAQ and the S&P500 are just not big enough for the required 401Ks without turning them into one big P...more
So am I an old Business Economic Major. Total bulk of what I learned needs rewritten. They were stressing “History, Pretty and Illusions” not current reality. If you are a Business Major, you know what an Income Statement and a Balance Sheet are. As and Economics Major, you know that everything in this country has one....more
Socialist Health Care? It is one of the most opaque money gunging businesses in this country. If let alone; it will be the only business in the country.