Wednesday, January 30, 2008
The Fed's stagflation fear
Here is an article explaining the negative of reducing rates to help the economy. There is only so much a rate cut can do. What can happen is that inflation can take over and the economy won't recover. The average person is stuck in a place where things cost more and the economy is poor, so no new money will reach them. How can the economy recover if the average consumer is spending more money on gas, groceries and other essentials. The average person is left with little or no money to buy consumer goods. When the fed doesn't care about inflation and it is a real thing then the economy has no chance to recover because all of the limited spending in an economic slowdown goes to essentials. (The Fed's stagflation fear)
Tuesday, January 22, 2008
Fed Cut: What It Means for Your Mortgage
(Fed Cut: What It Means for Your Mortgage) Here is a quick read article about what someone thinks will happen to typical mortgage.
Monday, January 21, 2008
Myths of Leasing Cars
Here is the best article I have seen about leasing a car. I like how it tells you want each part of your lease is and that every bit of it should be negotiable. I also like that it explains that the common thoughts about leasing might be true, but that there are terms you can change to make it work better for certain situations. (Five top car-leasing myths)
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