Posts Tagged ‘bankrupt’
Fed Induced Deflation?
In my books, “Economic Consequences” (2011), “New Retirement Rules” (2014, first edition), and “Revenue Sourcing” (2020), I reiterated the forecast of founding father, Thomas Jefferson, who suggested that if the American people ever allowed private banks to control the issue of the currency, the country would experience inflation, followed by deflation. Ever since…
Read MoreBroke Government
With the debt ceiling drama debate now complete, ending as expected with an agreement to continue to operate with monster deficits for the foreseeable future, it’s a good time to discuss how far down the road the collective group of Washington politicians will be able to kick the public debt accumulation can. While…
Read MoreTwo Outcomes – A Reminder
In the June issue of the “You May Not Know Report,” a written newsletter delivered monthly to clients of our firm, I outline the Fed’s two policy options moving ahead. Both options will produce a difficult economic and investing outcome for retirees and aspiring retirees. And, both options require an investor prepare for…
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