According to Keith Weiner, capital adds leverage to human effort. Capital makes employment and wages possible. Keith argues that Fed destroys savings with zero interest rates, and herds savers into bubbles. It causes wages to fall and creates chronic pressure to lay off workers. The Fed destroys capital.
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Tag Archive: employment
Main US Economic Indicators
The four best “recession” indicators, in form of coincident economic indicators, can be seen at Doug Short/Advisor Perspectives Update September 2013 Update December 21th, 2012 We observe the following: US indicators point upwards, when the rest of the world is slowing. After capital left many emerging markets and Europe, this capital helps the United States …
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