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Succinct articles that help us understand the time in which we find ourselves. This is an Adult site and this is a good read. Like a giant scroll across the sky.

The deflation myth.

WSJ had an article about the FED touting success in preventing deflation. Problem is, the FED’s primary concern should be inflation. It’s totally backward thinking.  Inflation will hurt the poor the most as currency will not buy what it used to. Deflation is when prices fall. Maybe we need some deflation about right now. I really wish they would find someone, anyone who knows anything about basic economics to manage that FED. These folks just don’t get it. 2+2 does not equal 8.

The real solutions are to raise interest rates immediately and a few more ideas Here…

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Filed under: systems

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