PeakTrader.com

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PeakTrader said...

The U.S. economy is being restructured and heading towards stagflation, in part, because of big government and peak oil.

Attempting to raise real GDP will likely lead to accelerating inflation more than real economic growth.

Interest rates are low now, because the economy is on the verge of recession.

Americans will pay more, or work harder, for less quantity or quality.

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PeakTrader said...

People will not pay $2 for something worth $1 at the store.

Yet, those same people will happily pay $2 for $1 in government services.

Or, they'll force someone else to pay without realizing they'll end up paying anyway, e.g. through higher prices or fewer goods.