June 28, 2011
Inflation is never good for a nation. Inflation causes prices to rise on all goods and services in the economy which makes it more expensive for people to buy things. From the perspective of an individual, inflation is no different... read more
No. Never. But that is what happens when you don't listen to men like George Washington and Andrew Jackson who cautioned agaisnt establishing a centralized banking system. Every dollar printed is a loan from the Federal Reserve with interest attached. How do you pay off a loan if the money you use to pay it also has debt attached to it? The answer is that you cannot. Hence, inflation occurs. It's a delicate house of cards.
It depends on if you owe money, who you owe it to, what interest rate you have at a bank, etc. For example, inflation is horrible if you're a consumer - everything around you would experience significant increases in price. However, if you owe money to someone else with a fixed amount of interest, the money you are paying back is relatively less in value than what you originally borrowed.
Yes. It is called supply and demand. No supply no demand no inflation which will leave you with deflation. Have it your way and choose what you want in your country. Have it your way like the Burger King Slogan. Now go to Burger King and ask for your free whopper and that AMBASSADOR BUTLER sent you there to get your free whopper that expires never. Inflation would escalate because of the demand and no supply to meet the demand of Free Whoppers at Burger King. 1 more thing good luck in getting your Free Whopper at Burger King. Laughing out loud.
It's good and bad. I wrote a hub about the Phillips Curve here.
http://dpsimswm.hubpages.com/hub/Inflat … he-Economy
by Doug Hughes 13 years ago
In 20 years, the history books will call this the 2nd depression. We are in a liquidity trap, according to Paul Krugman, nobel-prize economist. That’s central to the problem. “The term liquidity trap is used in Keynesian economics to refer to a situation where monetary policy is unable to stimulate...
by James Smith 12 years ago
http://www.unelected.org/audit-of-the-f … t-bailouts"What was revealed in the audit was startling: $16,000,000,000,000.00 had been secretly given out to US banks and corporations and foreign banks everywhere from France to Scotland. From the period between December 2007 and June 2010,...
by ledefensetech 14 years ago
http://dailyreckoning.com/a-financial-world-gone-mad/It's getting cheaper and cheaper to live in the US. Of course all bets are off when the inflation from the massive deficits hit us next year. So much for the specter of deflation.
by SPomposello 12 years ago
Let's say your employer doesn't match anything with your 401k, and you have no issues with saving money, you don't have a million expenses... is there any point in having a 401k, iRA, or anything of that sort then?I've got two jobs plus I'm married, my wife works, our expenses are low, I have a...
by Special Kay 12 years ago
It is better to save money or pay off all your bills?
by HarshitG 11 years ago
Hey,As many would be aware of that stock market is one of better way to invest and reap benefits from . So what i want to know is do you guys really invest in Stock market or stick with Fixed deposits and bank interest ratesHarshit
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