151004 – Fed’s Unemployment Excuses

The Hyper Report

Today’s Items:

First…
Fed’s Unemployment Excuses
http://www.zerohedge.com

To explain why the job participation rate is at a 40 year record low, the Atlanta Fed stated that labor fore participation among prime-age individuals has been driven mostly by the share who say they currently don’t want a job. Here are a few reasons why that is not the whole truth…
1. Major corporations are laying off workers and not hiring.
2. The Millennial generation is encumbered with $1 trillion in debt.
3. The perverted incentive structure of a welfare state that makes it more attractive to stay unemployed.

Next…
Inflation in 15 Minutes
http://dailyreckoning.com

According to James Rickards, a central bank’s worst nightmare is when they want inflation and can’t get it. Aside from QE, they have another tool that they used in 1933 to cause inflation in 15 minutes. They could hold an impromptu meeting and then publicly announce gold…

View original post 424 more words

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.