January 22, 2015

Obama Misstate of the Union – Ep. 47

The President is taking credit for an economic recovery that is a bubble created by the Fed Obama voters’ salaries are much lower now than when he was elected We have fewer full-time jobs during Obama presidency Obama is offering freebies to the middle class, promising to tax the “wealthy” Getting money that you didn’t […]

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Central Banks Wage War Against Low Prices – Ep. 46

Big action from the Central Banks this week Bank of Canada lowered rates from 1% to .75% The ECB announced the launch of first QE program The Euro plunged against gold Central Banks’ goal is to raise the level of inflation to guard against falling prices Falling prices accelerate economic activity Regulations and taxes slow

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