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Tag Archives: Inflation
2009 and the Economy : Not So Good
‘It is getting awful damn hard to be optimistic about the US economy these days. If the problem can be fixed at all, it will probably really require an unprecedented degree of global cooperation.’By Roger Baker / The Rag Blog … Continue reading
College: American Dream Evaporates, Item by Item
Bye Bye College Education: The Path to Upward Economic Mobility is Fading AwayBy Joel Hirschhorn / December 12, 2008 Try to imagine just how much the cost of a college education has increased over the past 25 years. Take your … Continue reading
Bleak News on Employment Front : Jobless Rate Soars
Theodore Harmon, left, helps Solomon Boyd with a job application as the two look for work at the New York State Department of Labor office in Harlem. Photo by David Goldman / NYT.Economist Jared Bernstein: ‘Working families are in trouble’By … Continue reading
Posted in RagBlog
Tagged Economy, Inflation, PresidentialCampaign, Recession, Unemployment
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ECONOMY : Trickle Down from the Bailouts
‘The federal government is drowning in a sea of red ink’By Roger Baker / The Rag Blog / August 19, 2008 Bernanke and his crew at the fed bailed out Bear Stearns at taxpayer expense because they feared not doing … Continue reading
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‘The Fed’s Next Move is Down’
See “The Fed’s next move is down” by John Browne below. ‘The odds thus favor inflation to keep the party going’ By Roger Baker | The Rag Blog | August 8, 2008 This guy lays out the facts of the Hobbsian … Continue reading
Posted in Rag Bloggers
Tagged Economy, Federal Reserve, Inflation, Investments, Wall Street
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Economy : Nearing a Tipping Point
Those Greenspan bubbles a’bursting…By Roger Baker / The Rag Blog / July 16, 2008 It looks like the US economy has gotten itself into a ‘liquidity trap’; the blowback from Greenspan’s bubbles and banking deregulation. If we try to avoid … Continue reading
Posted in RagBlog
Tagged Consumer Prices, Economy, Finance, Inflation, Investments, Recession
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Brother, Can You Spare a Euro?
The U.S. dollar has been declining steadily for six years against other major currencies, undercutting its role as the leading international banking currency. (Photo by Michael Probst / AP.The buck doesn’t stop here; it just keeps fallingBy Tom Raum / … Continue reading
