sdavid0419

Why Isn't the Fed Noticing Recent Commodities Gains?

This is what happens when you kill the healthy chicken to make soup for the sick chicken.

Based on the governments actions from the beginning they had to be banking on hyperinflation to bail them out (pay off the trillion dollar debt with dollars worth 10% of the ones borrowed).

As the real estate market soared out of control property tax was capped at 10% now that it is tumbling property tax is doubling in a single year.

The middle class is entering a period of being squeezed like never before. In the guise of state laws that require balanced budgets and lawmakers that refuse to cut anything we are under a barrage of new taxes on anything that moves. Because of the huge unemployment salaries are under downward pressure in the name of take the cut or risk getting layed off. This goes to answer the right direction wrong direction question. As the government gets closer to taking 100% of your disposable income your ability to buy $1500 Streisand tickets, show or concert tickets of any kind, sporting event tickets, home improvements, or any other spending other than the basic food needed to survive goes DOWN.