Tag: inflation

Inflation Measurement

The sticker shock you get in the grocery store is apparent inflation. Real inflation occurs when your income can’t buy the same daily goods with your salary or when you have to work longer to earn enough to purchase that market basket.

Financial Scenario

The US needs to better balance its budget and stem the national debt which depend of an economic recovery with job growth and the end of the housing disaster. What might happen if we don’t make more noticeable progress? The US dollar exchange rate could fall dramatically. The cost of imports from China will rise…