Thursday, August 28, 2014

An Economic Picture Worth a 1,000 Words That You Need to See




This graph was created using the St. Louis Fed’s economic interactive website based on their data.
You don’t need an explanation of the graph other than tell you the obvious:
·        The average price of new homes sold has surpassed the housing “bubble” levels that led us into the great recession
·        Inflation is here and here to stay – regardless of the spin or how to redefine it

Don’t be fooled by the media or by politicians.
·        The Fed can’t raise interest rates because it would shut down
 our slow economic recovery
·        The Fed has to raise interest rates to slow down inflation

We can’t really think our economy is a top priority in Washington DC especially with all of the problems around the world and at home.
But still, the economy is improving by the sheer determination of the American people.

If you are still absorbing the daily news, find out what the Federal Reserve is up to each month.  

We are entering into an important election year which will determine the control of congress. This election will divert that last bit of attention away from our economy.

We don’t need government, regulations, and policies to tell us what we need to do and not to do every day. Our economy is improving in spite of the Federal Government’s efforts to change our economic freedom.

We will succeed if we help others succeed.
.

No comments: