Posted on October 28, 2007 by MoneyBob
Crude Oil Rises to Record above $92.50 a barrel in New York after Turkey’s Foreign Minister said his government is considering “all options” including military action to deal with Kurdish rebels operating from Iraq.
Crude oil for December delivery rose as much as 93 cents, or 1 percent, to an all-time high of $92.79 a barrel [...]
Filed under: Deflation, Economy, Inflation | Tagged: Bloomberg, Crude Oil, Foreign Minister, Turkey | No Comments »
Posted on August 28, 2007 by MoneyBob
A Little Economic History
Why the Fed has no other Alternative but to print Money!
The entire economic expansion of the US in the 19th century was a deflationary boom. Declining prices led to strong real income gains. As time went by, workers could buy with their incomes a larger and larger basket of goods [...]
Filed under: Deflation, Economy, Inflation, Investing, Risk in Portfolio | No Comments »
