Where is this credit crunch, recession, housing bust, whatever, heading? Here is an interesting read with a nice review the history of recessions, inflation, and how the Fed deals with slowdowns. Let us know what you think by posting a comment. “…economic slowdowns usually trigger massive reflationary responses from the Fed that reignite inflation. Such was the response in 1958, then again in 1970 (not described here), in 1974, 1980, 2001, and currently in 2007-2008. Anytime the Fed has responded by massively reflating the economy, the typical result has been […]

These days it seems like every time we turn on the TV there is more bad news. This article is dedicated not to what is wrong with the economy but what is good about the US economy and hopefully your personal economy as well. Gas prices are well off its highs of 140 dollars a barrel, now it is trading around 60 dollars a barrel. The price of gas affects the price of just about everything. Interest rates have gone down again by another half a percent. That means lower […]