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labor specialization

Agitating For A More Informed Inflation

By |2015-07-23T12:06:31-04:00July 23rd, 2015|Economy, Federal Reserve/Monetary Policy, Markets|

There are numerous problems created by asset bubbles and many more as a result of a series of them. The financial system becomes highly destabilized, especially as authorities and policymaking bodies misunderstand them to the point of determined stasis rather than courting necessary evolution and reform, which in turn has the same effect on the economy. This is not a [...]

Breakdown In GDP

By |2015-01-30T18:19:04-05:00January 30th, 2015|Economy, Federal Reserve/Monetary Policy, Markets|

GDP as an econometric measure is designed to be most favorable toward growth. It accumulates all forms of spending, in dollar terms, treating them exactly the same regardless of source or destination. That is consistent with orthodox theory which holds onto the concept of “aggregate demand”, meaning that all demand is supposedly interchangeable. Thus whatever the source or reason for [...]

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