Capitalism in inherently deflationary. It’s primary goal is to produce more, better products at lower prices. THAT is deflationary. It is government spending which seeks none of the above that is inflationary. As spending wanes, inflation should remain low.
Never get tired of reading this….
Let’s look at the scenarios here and get a sense of what this bills says and does and does it really matter?
Regular readers know I am NOT a believer in huge coincidences like this…
More and more groups are putting pressure on the White House to end this….
“Surprised”? Not if you’ve followed these pages for the past year or more… Today’s jobs data reflects on Wednesday’s post
“Free” stuff that increases our productivity (email, google maps, google search, twitter, stocktwits, customized news aggregators etc etc) are not counted in the official government numbers for “productivity”.
All but one state saw gains in October and gains are spread across all sectors
Short answer? No
The long term the trend is down….and that is not a bad thing