Inflation & the Four Outcomes of the European Debt Crises
Inflation can be deadly to your financial well being. We’ve been discussing the factors which could bring serious inflation to this country soon. Friday, we looked at the reasons that Europe’s sovereign debt crises will be our debt and inflation crises soon. Today, we’ll follow up by looking at the four possible outcomes that could […]
The Growing Sovereign Debt Crises will be Here Soon
Sovereign debt is a ballooning problem. As each countries’ debt grows it becomes clearer that theses debts will never be paid off. We’ve been discussing the core problems facing the US Dollar. Now, let’s look at the early dominoes to fall. Greece was the first to experience this Sovereign Debt Crisis. (Interesting that this all […]
Sovereign Debt, A Problem for You?
Sovereign Debt is not only a problem in the US but in much of the “developed world”. We’ve been looking at problems facing the US dollar and today we’ll examine the competition and contagion that this sovereign debt creates. Higher Worldwide Debt Means Higher Interest Rates We’ve had historically low interest rates in recent years, […]
United States Dollar & Treasury Auctions
Today we’ll look at the Dollar & Treasury auctions. We’re continuing our series on difficulties facing the Dollar and how this could be catastrophic to your financial life. The Dollar has been the world reserve currency for decades, but there are signs that that will change. One early warning is seen at the Treasury auctions […]
The National Deficit & Growth in Money Supply
Continuing our discussion from yesterday, the growth in the United States national deficit and money supply foreshadow difficulty for the Dollar. As the Dollar supply increases, the value of our Dollars decreases We’ve been looking at factors which could lead to the destruction of Americans’ wealth and purchasing power. Today, we’ll look at these two […]
US Dollar – Healthy?
On Friday, we showed you the history of the Dollar. So let’s now look at the U.S. Dollar with eyes wide open and see if this is a fiat currency that can buck the trend of following every other fiat currency into the wastebasket of history… There are a couple really important things to look […]
Money in America
Money can be many different things. We began yesterday discussing the history of money and will now look at this history within the United States. When the United States Constitution was written, it gave Congress the right to “Mint Money”. Every intelligent person knew that to be a valid currency, it must be backed by […]
History of Money
Money has meant different things to different people over the centuries and millennium. We began yesterday discussing the problems facing our money today and will begin looking at how these problems have occurred historically so you can see the need to protect yourself from a recurring phenomenon. In the late 1600’s England established money backed […]
Inflation – The Case for Dollar Decline
Inflation happens when the Dollar loses value because more of them have been printed. We’ve been discussing the factors which show our economy is headed for a more serious recession. There is no real broadly accepted definition of hyperinflation. Inflation is technically when the money supply is increased. However, most people look for the effects […]
Banks Problems and the Economy
We spoke recently about banks and the problems they are facing. Let’s dig a little deeper into those. The FDIC closes banks down every Friday, and we are at a record pace of banks failures so far this year. Each Friday night that the FDIC goes in to close a new bank, it is found […]