Saturday, January 10, 2015

American (False) Confidence in the Economy Soars

As I say, the Fed manipulated boom is on. As consumers become more confident, they will spend more cash and the price inflation will follow--surprising pretty much everyone except EPJ Daily Alert subscribers.


  1. Where will they get the money when outside a few local areas americans have no savings, wages are flat to falling, and they are maxed out on credit?

  2. So, asking people what they think the economy is doing is what passes for a rational representation of economic reality these days. Appeal to Majority much?