Its actually effortless to fix our current deflation concerns . All you have to do is put more money in peoples pockets on a long term basis.
This means actual higher wages, not cheaper debt. Once this is done and the pressing debts are paid off and some savings is established people will […]
Have you folks noticed the preponderance of self check out lines at stores? I’ve seen these things at Home Depot and Fresh and Easy so far.
What concerns me is that if we keep making businesses need less and less people how are all the folks who would once have been check out clerks and […]
Prosper’s Law of Labor Cost Efficiency states
If an economy manages to broadly control labor costs and becomes too efficient the result is deflation. Since wages create consumers without decent wages there are no buyers
Prosper’s Prosperity Solution states
In order to have a a rich nation you need to be
Be Honest
Be Thrifty
Work Hard
Balance Your Budgets
Share the Wealth
Make it at Home
Sell it at Home
Buy it at Home
Trade with Equals on an Equal Footing
Ban fractional reserve banking.
This will limit the money supply (thus limiting the rate of inflation) and keeps banks solvent.
You should only borrow money beyond half a weeks pay or so for the following reasons…
#1 To stay out of jail.
#2 Pursue an education that will either greatly increase your income or happiness.
#3 For health reasons.
#4 To buy a house
#5 To start a business
Also no matter what […]
I just noticed a little inflation at my local taco stand
Soda has gone up about 7 cents — thats a 5% increase.
Thats about the rate everything that is not pegged to the Ren-Mimbi is going up.
Ouch
Shopping will not help the American economy in the least if everything you buy is made overseas.
While jobs are created by imports and exports, they pale in comparison to the ones that are created by Making it Here and Exporting the Surplus
All the rescue plans that are predicated on consumer spending are only a stop […]
an E-quaintance of mine: CG asked
Everyone is talking about the fed reducing interest rates to spur spending and save us from a recession.
But can that be done without massive inflation? Also, won’t it boost the stability of other currencies against the Dollar, making it harder to attract foreign investment?
The answer is no […]
One of the key tricks the government uses to manipulate policy if the unemployment rate.
The U.S. Department of Labor Bureau of Labor Statistics counts part time employment as being employed and more insidiously counts people who simply gave up job hunting as unemployed.
This is a terrible policy. It prevents us from knowing what the […]