Monthly Archives: July 2009

In my last post, I argued that we’re in a deflationary environment; prices are declining in spite of the fact that “Helicopter Ben Bernanke” is flooding the economy with freshly printed money. The reason? Consumers are in savings mode and … Continue reading →

I’ve been convinced for some time that we’re in a deflationary environment – a climate of declining prices in spite of the massive amount of money that Fed Chair Ben Bernanke has pumped into the economy. I wrote recently about … Continue reading →

As I’m writing this blog entry, I am seated next to a gentleman on an airplane who commutes between his two business locations, one in Florida and one in Michigan. He is traveling to Florida for business as he does … Continue reading →

Continued from July 14, 2009 The bottom line is this — This is a credit driven recession and until these obscene debt levels are dealt with, the recession won’t end. The Obama administration is trying to solve a debt problem … Continue reading →

Continued from July 10, 2009 Last post, I left off talking about the fact our current recession is credit driven rather than inventory driven; the “free and easy credit” made available over the past many years was one factor in … Continue reading →