Blog entries tagged with "unemployment"
JOBS JOBS JOBS
With the thoughts that the inflation is over, prices have begun to go up. Analysts are predicting inflation for the coming year. However, inflation may already be here. With the increase in stock value, businesses have begun to adjust their prices to almost double what they were in 2009. Prices ...
Continue reading "Jobs Jobs Jobs"GROWTH IN THE ECONOMY
The U.S. economy is out of its year-long recession. This was confirmed after better-than-expected figures were released from the U.S. Commerce Department showing that the economy grew at a rate of 5.7% in the last quarter. Economists had been forecasting a 4.7% growth. The last three ...
Continue reading "Growth in the Economy"CREDIT CARD RATES
The economic downturn that started with mortgages has slowly shifted its way to the credit-card industry in a way that affects all consumers. And this is not in a positive way. Card balances have been at record highs, with consumers still struggling to pay off balances from last year's ...
Continue reading "Credit Card Rates"THE RISE AND FALL OF ARTIFICIAL WEALTH
Below is a Great article by Dr. Michael Intiligator, a presenter for the forthcoming Nexus Symposium.
The article can be found HERE
The projections presented in this paper estimate that the GDP of $14.26T achieved in 2008 will not be achieved again until 2013 on an inflation-adjusted basis and ...
THE INFLATION PROBLEM
On October 8, Federal Reserve Chairman Ben Bernanke warned that while the U.S. Federal Reserve may continue to “prop up” the economy for an extended period, it cannot do so indefinitely for fear of triggering an inflationary surge.
The Senate is scheduled to vote sometime soon on whether to ...
Continue reading "The Inflation Problem"IS THE RECESSION OVER?
On September 15, Federal Reserve Chairman Ben Bernanke said that the recession was “very likely over,” although this rebound would not produce many jobs. Since the crash of the financial markets, unemployment has consistently been double digits. Currently, it is reported that the unemployment rate is 15.6%. Even so ...
Continue reading "Is the Recession Over?"HISTORY REPEATS ITSELF
I remember reading about the Great Depression of the 1930s in my high school history course and considering that era, like so many other historical moments, merely a fascinating relic of American history which came and passed leaving behind its lessons and stories. The vignettes of life during the Depression ...
Continue reading "History Repeats Itself"