The price of the stuff we’re buying is rising much faster, while the stuff we’re no longer buying has been falling, but still counts for official CPI figures.
It's a busy week with the ISM manufacturing index on Thursday and the employment report on Friday, but all attention will be on tomorrow's first presidential debate.
Japan will never kick its easy money addiction, but that is par for the course of the rest of the planet that has adopted ultraloose fiscal and monetary policy...
...above all, it would be a mistake to think it cannot happen, nor that it will be a long process giving us all plenty of time to plan. The final flight out of paper marks took approximately six months. Law’s scheme took slightly longer to destroy his livre...
The Liberal Government of Canada may introduce significant new spending programs in the upcoming Speech from the Throne, setting a precedent for other countries to implement similar programs.