And there is a wide dispersion between intake and outflow
Domestic credit markets are contracting for the first time in history
Looks M1 multiplier has hit a brick wall...
And there is a wide dispersion between intake and outflow
Domestic credit markets are contracting for the first time in history
Looks M1 multiplier has hit a brick wall...
Question about the Federal Government Expenditures vs Federal Government Receipts —
Around about 2000 it clearly shows a surplus. I know Clinton talked about it, and the Dems brag about it, but I was under the impression that we never had anything more than a “projected” surplus. I didn’t think we had one in actuality.
Am I wrong? Did the federal government “show a profit” for a few years?
Simple math...we’re PRINTING MONEY. We have to have inflation. The real questions are the following:
1) With people screaming to “DO SOMETHING”, will we get price controls - and, if so, just how bad will the resultant shortages become?
2) Will our government EVER commit to again growing the economy, or will we have to watch our wealth disappear into nothing while we save the world from global warming, save the Delta Smelt (in California), and God knows what else?
3) What taxes will increase, in order to pay for our new society - getting a VAT is assured (the starting rate is the only question); European-style gas taxes, or road pricing (tolling by the mile) is almost assured.
4) Will the people wake up and realize that the people in power literally HATE the country (as we’ve known it), and take WHATEVER (legal) action is necessary to rid themselves of this people? Right now, most people still think that our leaders have good intentions, but are simply misguided. Recognizing evil in others, when you are an inherently good person is difficult to do, but necessary for survival. Americans have stepped up to this challenge in the past...but it’s been easier to recognize and react when the evil is being done by foreigners.
It is impossible for the U.S. government to honor its obligations.
Ya think?????
http://seekingalpha.com/article/195897-the-housing-bottom-is-not-yet-in
