Feel Discombobulated, Confused, Distracted and Betrayed? You Are Not Alone

When I finished writing “Whistling Past The Graveyard”, I was furious. The Federal Reserve prints money at will. Theoretically, congress oversees the Fed – the Fed oversees the banking system, and they have our best interest at heart. While both feign good intentions, in practice they are lining their pockets at the expense of Main Street America. Fed Chairman Powell […]

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It’s OK

Why can’t I sleep? For the last few nights, I have rolled, tossed and turned until the wee hours of the morning. Two years ago, I was going through very challenging treatments for tongue cancer. At one point I asked my wife Jo why she was closing the door to her office. She said, “So that you don’t see me […]

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Whistling Past The Graveyard

Fed Chairman Jerome Powell’s recent remarks really infuriated me. He is “Whistling Past The Graveyard”, again trying to deceive the public. Wolf Richter shares some of his recent remarks: “Inflation has come in above expectations over the past few months.” “The expectation is that high inflation readings will start to abate.” “We don’t in any way dismiss the chance that […]

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When You Get A Guarantee, Check The Hands Behind The Back!

When it comes to guarantees, don’t assume anything! A guarantee is a promise or assurance. While a written contractual guarantee strengthens your legal position, it’s only as solid as the person, government, company, insurer and court system standing behind it. In our article “How Good Is Your Comfortable Retirement Guarantee?”, I assumed some investments were guaranteed, safe and worry-free; I […]

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Does Inflation Really Help Debtors?

I recently interviewed Chuck Butler about winners and losers during inflationary times. I began with: “Historically inflation hurt creditors and helped debtors as they are paying back their obligations in much-depreciated dollars. I’ve had readers ask about borrowing money to invest. Chuck, that concerns me. Many of our readers are baby boomers or retired. …. Are you in the camp […]

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Inflate Or Die!

Pundit Bill Bonner’s article, “Money-Printing Means Inflation for the U.S. Economy”, concludes: “It’s inflate or die. And if anyone gets in the way of inflation… the ‘active shooters’ – in both the private sector and the public sector – start gunning for them. Last week, Treasury Secretary Janet Yellen came under fire for saying she might have to raise interest […]

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