Inflation is NOT Out of Control but Why does the FED Continue to Raise Rates?

The Consumer Price Index for July 2017 came out on Friday with a modest 0.1% tick upward. This comes to a year-to-year basis of 1.7% which is still below the Federal Reserves 2.0% target rate. Of course, the Federal Reserve does not use the CPI to track inflation. They use the Price Consumption Expenditures (PCE) … Continue reading Inflation is NOT Out of Control but Why does the FED Continue to Raise Rates?

Would You Like More Debt? If so, Then You Are in Luck.

The CBO(Congressional Budget Office) released their March 2017 10-year budget and economic projections and let me tell you, it does not look good. As of right now, 77% for the federal debt is held by the public. The CBO states that "if current laws generally remained unchanged, the Congressional Budget Office projects, growing budget defictis … Continue reading Would You Like More Debt? If so, Then You Are in Luck.