Friday's Unemployment Numbers Mark an Inflection Point for Economy [View article]
The measurement of unemployment and inflation have changed over this period and under report the past index. Can you adjust for this change over time? One of the factors in the Misery Index looks like it is going up substantially. The other has gone down due to recent deflation after a loss of credit markets. The US Government is now our only lender and is flooding markets with currency. The market may go higher because the dilution of our currency. Fear has put much money in the US Governments pocket at miserly T -Bill rates. Will this last when the market moves up? Unemployment was lower for last month but will likely jump around July. Stimulus money is now flowing and inflation and dollar devaluation will follow. I would wager the Misery Index will be much higher in the next few years.
Great article! Thanks Mr. Harrison. Your research is very helpful and your conclusion, I believe, will be accurate. Your comment on the adict selling the furniture is a great analogy. My comment on the banks credit bailout was "they are like crack addicts sceaming for a fix and giving away the keys to their house for it". With the absence of foreign credit we will certainly have a difficult rehab ahead.
I have been researching this information for investment reasons. I have correctly predicted the EURO decline vs. US Dollar and see this continuing until the EU runs out of room to drop rates. The US Dollar currently at 1% Fed Funds is basically done. The US will print money to fill the credit vacuum will kill the US Dollar.
So Mr. Harrison and readers, if you agree the dollar will soon be thrashed ( I think we will have a US Dollar Crisis ), where do you put your wealth?
Sort by:
Latest | Highest ratedFriday's Unemployment Numbers Mark an Inflection Point for Economy [View article]
Will the Dollar Rally Survive? [View article]
I have been researching this information for investment reasons. I have correctly predicted the EURO decline vs. US Dollar and see this continuing until the EU runs out of room to drop rates. The US Dollar currently at 1% Fed Funds is basically done. The US will print money to fill the credit vacuum will kill the US Dollar.
So Mr. Harrison and readers, if you agree the dollar will soon be thrashed ( I think we will have a US Dollar Crisis ), where do you put your wealth?
Gold, Land, commodities, other currency??? HELP!