Mar 14, 2010

Daily Markets - Financial News And Opinions

Daily Markets - Financial News And Opinions


Seeds Of War, Part II

Posted: 14 Mar 2010 08:00 AM PDT

Only the dead have seen the end of war. ~ Plato
Although history is not totally devoid of examples to the contrary, it is a rare case indeed when a free and prosperous nation sees fit to take up arms against its neighbors. We must be especially cautious, therefore, during a time when freedom is under constant attack and the fragile prosperity of once powerful nations hinges on the finite faith of the many in the moribund currency of the few.
We began our little Seeds of War mini-saga a couple … [visit site to read more]


Why Inflation Won’t Help To Reduce US Debt

Posted: 13 Mar 2010 01:09 PM PST

The OMB's 2011 budget showed that the US debt-to-GDP ratio will continue to rise over next 10 years until 2020, where the projection ends and when US debt will equal 77.2 percent of GDP.
Inflation is one strategy that could be used in an attempt to lessen that debt burden. By putting more dollars into circulation, and lessening the value of each, the feds could try to pay down the same nominal debt that would then be smaller in real, inflation-adjusted terms.  
Unsurprisingly, it is … [visit site to read more]


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