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Federal Budget Deficit and National Debt Projections Point to Uncertain US Economic Future
White House released projections indicating that the Federal Budget Deficit will rise by almost $9 Trillion by 2019. The new figures also indicate that the national debt in 2019 would have risen to about $23 Trillion, or 76.5% of the GDP.
photo credit: Erik Charlton
How will we as a country spend $9 T more than [...]
TIPS to Fight Inflation
Ever since the Federal Reserve lowered their key interest rate to 0%-.25%, there has been talk of rampant inflation becoming an issue. Many economists even consider the possibility of hyper-inflation, a period of rapidly rising prices along with a declining value in the dollar. All signs seem to point to at least a period of [...]
