And the Winner Is? Deflation!... Those in power always choose inflation because, in their minds, it is less upsetting to the social order than deflation. And their power rests on maintaining the current social order. Deflation benefits savers and, frankly, normal people who don’t have access to new money at the lowest available
US economy added 273,000 jobs in February... WTHI | 2020-03-06 14:30 UTC The US economy added 273,000 jobs in February and the unemployment rate fell to a historically low 3.5%. The jobs survey was taken before coronavirus fears overtook Corporate America.
Dow rallies 1,294 points, most in its history... KDVR | 2020-03-02 21:30 UTC US stocks rebounded sharply on Monday, with the Dow logging its biggest point gain in history. Stocks are coming off their worst week since the 2008 financial crisis. The Dow last week dropped 12.4%, while the S&P 500 plunged 11.5%. The Dow also recorded