Avery Goodman

Can a Market Crash Save Us from Hyperinflation?

Hopefully, by next year, having learned that this type of so-called "stimulus" costs much more than it is worth, the government may back off from the insanity and allow the economy to recover more naturally. Obviously, the mistakes that have been made are severe. However, with the much lower current account deficits that are prevailing, even now, a fundamentally great nation, like the USA, could still have hope of true economic recovery if only the foolishness stopped here. But, in all likelihood, you are right that it won't. The NY Fed may to supply endless "liquidity" to juice the markets.

On Jun 30 03:52 AM Egg wrote:

> Ok, what about next year's bonds? And the next year's after that?
> And so on and so on?

The Truth About Unemployment Numbers

Mark,

If Fox Business News is covering news in the honest forthright fashion that is going out of style, that is good news.

ABG
On Jun 22 08:33 AM Mark Lieberman twitter/foxeconomics wrote:

> You should be following emlployment / unemployment reports on Fox
> Business Network. We regularly not the widening gap between those
> collecting benefits (including extended benefits) and those reported
> as unemployed by BLS. That gap is now over 5 million.
> The other concern is the impact on businesses who contribute to unemployment
> insurance funds. Those contributions are based on experience factors
> (the number of former employees collecting benfits) and could mean
> employers will be making higher contributions long after a labor
> recovery -- on a greater number of employees.