Comments on: America’s aging population undermines monetary policy Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 By: kbill Wed, 25 Sep 2013 17:07:29 +0000 All of life is an experiment, including the Fed’s solutions to the prior Recession and its leftovers.

The only certainty that government can honestly promise its citizens is an equitably applied system of justice, and even in applying a fair and just law the government cannot promise only intended outcomes.

The human race evolved in an atmosphere of risk and reward. Today is no different, except the risks for most of us in G5 nations are more abstract and more globally influenced, leaving more of the outcomes to conditions not easily seen, understood, or controlled.

If you’re looking for certainty, I recommend you relocate you and your assets to an economy ruled by a Theocracy, Aristocracy, or a secular ideological dictatorship such as North Korea…where there is higher certainty, and much less chance to “suit up and play the game” and a “slim to none” chance of a positive reward.

By: SaveRMiddle Wed, 25 Sep 2013 14:56:02 +0000 Millions have permanently lost living wage jobs.
Millions have lost their savings and homes due to job loss.
Millions remain high centered with underwater mortgages.
Millions are cut off from credit.

And I know of one Boomer now totally devoted to voluntarily living lean with only one goal….leaving an inheritance.

For most, Tomorrow will not resemble Yesterday. In New America, the growing Inequality Gap offers few a pathway out.

By: JeromeBarry Wed, 25 Sep 2013 14:17:30 +0000 Finally! A public statement of the obvious. Consuming vast quantities of stuff, the sort of industrial output which shows up in things like “sales growth”, is an activity of the young. As the Baby Boom transition into the stage of life when they already have all the stuff they want and need consume only medical care, that pesky little thing, “sales growth”, stops appearing on quarterly reports or industrial outputters.

AZreb above makes a perfect example of the behavior.

By: AZreb Wed, 25 Sep 2013 13:14:25 +0000 At 76, why should I place my money in a savings account that earns such little interest? Might as well bury it in coffee cans in the backyard.

Stocks? Bonds? Not enough to invest for a decent return. Buy more to increase the economy and then have less to pay bills? No.

It is hard enough to save for taxes, licenses (vehicles), insurance, medical emergencies – most seniors will not decide to run out and buy, buy, buy – especially since many of us remember the Great Recession and see little difference between that and the so-called “recovery” we are supposed to be in now.