Libor being uncovered is perhaps the biggest scandal of history. Almost every person on this planet has been touched to a degree. What is the real danger is this the beginning to an ending. Another large nail in a closing coffin. If CON is the opposite of PRO then is congress the opposite of progress. Libor […]
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Over time the US government has changed its approach to reporting the Consumer Price Index, which is meant to be a measure of the impacts of inflation on the consumer over time. Interestingly (but not suprisingly) the government has modified its measurement formula over time to under report the real ravages of inflation on the […]
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