Can a Market Crash Save Us from Hyperinflation? [View article]
Ok, what about next year's bonds? And the next year's after that? And so on and so on?
The falling stock market last year which gave us such low rates also gave us a 2T dollar deficit. If the market falls again like it did last year, the deficit next year will be LARGER than 2T which would make hyperinflation more likely...not less likely.
No matter what happens (save the miracle of lower gov't spending) rates are going to eventually go up.
Can a Market Crash Save Us from Hyperinflation? [View article]
The falling stock market last year which gave us such low rates also gave us a 2T dollar deficit. If the market falls again like it did last year, the deficit next year will be LARGER than 2T which would make hyperinflation more likely...not less likely.
No matter what happens (save the miracle of lower gov't spending) rates are going to eventually go up.
Best Buy Reaction Could Reflect Sentiment Change [View article]
Just because sales were down 4.9% doesn't mean they didn't. Their sales may have been down 10% or more if Circuit City had not imploded.