Tag: deflation
Bernanke steals OPEC’s power
Published on December 17, 2008
OPEC is meeting to discuss a major production cut. It’s goal is to boost prices back to the $75 level it deems fair. What it does not realize is the Federal Reserve has much more power than the cartel could ever dream of. Prices may rise, but it will not be because of an OPEC [...]
Race to the bottom: Welcome to the dumping economy of 2009
Published on December 10, 2008
In the new economy, countries, companies, and individuals will desperately engage in the targeted undercutting of prices below cost.
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