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Tag Archives: inflation
Have you adjusted your business operations and strategy yet?
I warned y’all that that the Federal Reserve was going to make running our businesses more difficult this year. These repetitive ¾% interest rate hikes are supposed to control inflation- and they probably will- but in the meantime our cost pressures are immense and the economy is roiling under their yoke.
Continue reading Have you adjusted your business operations and strategy yet?
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Knock, knock- is it here yet?
So, are we going to convince ourselves that we are going to have a depression?
The indicators so far do not so truly designate. Sure, inflation is rampant. But, job growth (more than 370K in June alone) is continuing. Unemployment is at 3.6%. Consumer spending is holding its own. And, the economy grew by 5.7% last year (pre-Russian invasion)- but now it’s contracted by about 2%, due to the war.
Continue reading Knock, knock- is it here yet?
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Economic Morass
I am not quite sure we thought this all the way through.
After dealing with two years of economic dislocation, supply chain disruption, and deaths due to the pandemic, we are now in yet another period of deprivation.
Continue reading Economic Morass
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Let’s not let Inflation beat us!
Inflationary Pressures
Folks like me have lived through this before. And , since I am a business advisor, I feel compelled to share some insights with you.
Continue reading Inflationary Pressures
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Interest rates a-risin’
So, the Feds have increased the interest rates- finally. Which really means that for those of us carrying credit card debt, our costs are going to go up. (Our interest rates are going to rise, that’s why!) Which also means now is the time to develop (and follow) a plan to reduce our debt. In the most expeditious way possible.
Continue reading Interest rates a-risin’
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Inflation is pretty much guaranteed this year
Despite the efforts of the Fed, we are probably stuck with moderately high inflation for the rest of this year. Unless, of course, Putin ends his misguided adventure in Ukraine.
Continue reading Inflation is pretty much guaranteed this year
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Magical Money Tree?
OK. It’s time for more magical thinking.
MMT.
Huh?
It’s called the “modern monetary theory”. (Wall Street thinks it should stand for Magic Money Tree.)
Continue reading Magical Money Tree?
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The situation is becoming untenable
Ah, yes. The truth- and the dangers- are now becoming obvious.
The GOP was desperate to provide a benefit to their benefactors. So, they lowered the corporate tax rates to a ridiculously low 21%. Even though most corporations never paid the much bandied about 35% rate. (Only professional corporations and small businesses got stuck with that level of taxes. Big corporations always hid- and still do- their profits from the tax man.)
Continue reading The situation is becoming untenable
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