Commodity Trade Mantra

Posts Tagged ‘Keynesian Economists’

Governments Need Inflation, Economies Don't

The only thing that inflation can do is to help governments spend & remain viable. It’s a drug they can’t do without. Economies do just fine with low inflation. The idea that governments can hold inflation to just 2% per annum is preposterous. Once it breaches that level, governments will be powerless to contain it. Endgame will be hyperinflation.

Is Saving Money Bad For The Economy?

Fed’s policies mean savers are penalized for their thrift and receive almost nothing in interest on their savings. President Obama proposes to put a cap on qualified retirement plan balances – Apparently, the President agrees saving is “a negative act.”

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