I had occasion to view a couple of Cass Trucking Index graphs, both for shipments (the physical volume) and for expenditures. Interestingly, the number of shipments in 2015 is almost dead flat compared to 1999.
Since US population has...
Robert Shapiro
Robert (Bob) Shapiro is self-taught in Austrian Economics and has consulted briefly for the governments of Mexico, Greece, Portugal and Spain. He has traded Gold & Silver and their stocks since 1970. Bob Shapiro’s blog is http://us-issues.com
Articles by Robert Shapiro
As we are about to ring in the New Year, we can give thanks for the “Full Employment” Economy. That big Thank You needs to go to the manipulators of the official statistics over at the Bureau of Labor Statistics (BLS) and elsewhere in our...
The push to raise the Minimum Wage refuses to die, both the Federal Rate and Rates in the various States. Supporters say that poor people need to earn enough to support themselves and their families, and nobody – certainly not I – can...
In recent days, Congress has raised the National Debt Ceiling once again. The new ceiling of $20+ Trillion probably will not be hit until 2017, after the next election. No surprise there, as Members of Congress have proven to be cowards...
It looked as if the FED had decided to go all in with money printing. And, it looked like the FED officials were lying through their teeth with all the jawboning since Janet Yellen became FED Chief. Not only was the FED continuing with...
Last week, the FED head, Janet Yellen, announced that they were keeping interest rates pegged to zero. They haven’t raised rates now for almost 10 years.
Keynesians grant the FED / Government the power to manipulate rates. But,...
Keynesians grant the FED / Government the power to manipulate rates. But,...
Several countries, especially in Europe, are suppressing interest rates to the point that creditors must pay for the honor of lending the debtors money – Interest Rates are negative.
Here in the US, we have had negative REAL interest...
Here in the US, we have had negative REAL interest...
Consider two families. Both have a weekly income of $1000, and both spend it all.
Next year, one family gets a $30 raise (3%) and again spends it all ($1030). The second family does not get a raise, but it borrows $30 and spends all $...
Next year, one family gets a $30 raise (3%) and again spends it all ($1030). The second family does not get a raise, but it borrows $30 and spends all $...
Stock markets in the US and those around the world, go up – and they go down. There are various names for the size and speed of the downdraft, which inevitably follow an up move. Pullback, correction, crash, and bear market are some of the...
In our society, and every society, there are rules. Ideally, all the rules are applied equally, and nobody feels put out by having to abide by them.
Some rules evolved naturally, as a consequence of some activity which people engaged in...
Some rules evolved naturally, as a consequence of some activity which people engaged in...