Rule Number One – Avoid Large Losses in Retirement
If you are confused about what is happening on the deflation/inflation front join the crowd. I have created two new words to add to the confusion, Indeflation and Deinflation. to help confuse you even further. Bernanke/Geithner have stated they are more concerned about deflation. In fact Bernanke claims he can inflate the economy anytime he [...]
I’m reading a book by Kevin Phillips called, ” Bad Money“. It is about how the US economy became hijacked by exotic financial instruments and financial services which robbed the public of their investment returns and destroyed the world economy. One thing he covers is the CPI and how the US Government manipulates it to [...]
The question on many baby boomers lips is, “when will I get my nest egg back?” This is a perfectly reasonable question given that most stock markets have fallen almost 50% since their highs in November 2007. Your friendly financial planner will tell you they have managed to protect your nest egg from the excesses [...]
It’s coming! Inflation that is. It will be here as soon as the governments realize just how much money they have spent fighting the recession and how much of a financial burden they are placing on our children and grand-children. The only way to pay the debt is to devalue the currency maybe 80% or [...]
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