A couple of weeks ago a survey of the ultra-rich by Fidelity Investments showed that most of these millionaires did not feel rich unless they had $7.5 million. Keep in mind that one out of three Americans do not have one penny to their name, not ev…
A Closer Look at Fed Propaganda: Even It Admits That It’s Clueless
“It [the FOMC] felt that “resource slack” would prevent most companies from passing on cost increases. But it also admitted to not having a grip on the mechanisms of price increase!…
Some of the warning signs that I enumerated in the February 5th report (reproduced below) have abated, but others have not. Foreign central banks are…