Politico’s Peter Nicholas has a few words of wisdom for investors who want to know the real story of the “recovery” that’s taking place in the US economy.
And he’s not impressed.
Nicholas: The “recoveries” we’ve been hearing about are just “fake” recovery stories.
They are really just a way for the Federal Reserve and the banks to make the case that this is a recovery story and that the markets are going to respond to it.
But the real recovery story is that the US has been stuck with this recession for a decade, and for many of those years it has been the slowest in the world.
And that’s not the case for China, for the European Union, for Japan.
The US economy has been recovering, and the US unemployment rate has dropped sharply.
It’s actually been growing at 2.5% a year since 2007.
The unemployment rate is at a historic low.
But when you look at the real GDP, which includes the private sector, it’s not growing at all.
It has actually contracted in real terms for a number of years now.
So, that’s a very important story, but it’s a story about the economy.
So, if you are a stock market investor, if the economy is growing at 3% a month, that means you are probably doing okay.
But if it’s falling, that is really bad.
And you know, if I say “yes” to the Fed’s latest stimulus, that would be a good sign for my stock portfolio.
Nichols: That’s a big problem for the average investor, who is paying less attention to the economic growth story.
I mean, if we’re going to be a superpower, we have to invest in growth.
But what are you supposed to do with the money you get from that?
You’re not supposed to use it for anything other than to pay taxes, right?
Nicholas says the best way to think about this is like a stockmarket: you want to be in the best position possible to buy and hold stocks at all times.
So if you’re in the top 3% of the market, you’re going not only to have the best opportunity to buy the best stocks, you’ll also have the biggest upside potential.
So you’re also going to have a great chance of getting a very good return on your investment.
And if you look around the world, most countries are still in this kind of position, with the same problems.
The reason for that is that in the United States, the Fed and the Federal Government have been trying to make things worse, and to get the economy going.
The Fed’s goal is to get inflation back up to 2% a bit faster than it was before the financial crisis.
And the Federal government wants to keep interest rates low, and make it so that people can borrow money at low rates.
But it has no control over how much money people are borrowing or how much they’re making.
So that’s why the Fed has been pumping money into the economy with low interest rates, even though they know that it will create inflation, because it’s making the economy more efficient and it’s creating jobs.
And in the process, the Federal Treasury and the Fed have been buying up the bonds of US banks and investing in them.
And those investments are not being taxed, which is the reason the Federal Debt is $1.2 trillion now.
But they’re getting a bigger share of the national income.
That means that the money they’ve been pouring into the financial system is being taxed in the form of interest and principal.
Nicholls: And the reason why the Federal debt is so big is because the Fed wants to make it easier for the banks, especially those with the biggest balance sheets, to lend money to the economy and to spend money.
And because the US is a debtor country, the banks don’t have to pay interest on their debts.
They can just use that money to buy up shares of companies.
And it means that those corporations will have much more money to invest and spend on new projects.
The Fed wants this to happen because they think it will make the US more productive and create more jobs.
And this has been one of the central themes of this Administration.
But some economists say it’s very risky.
That it will cause inflation to go up.
And they say that there are two ways this can happen.
The first is that it can lead to a deflationary spiral, where the US spends too much and takes too much from other countries.
In that case, inflation will go up, because the other countries will have to import more money.
But that will also create more debt for the Fed, and a bigger debt bubble.
But at the same time, it will encourage the banks and the financial sector to borrow even more money, which will further push up the debt bubble, and eventually cause the economy to implode.
Nicholos: That is exactly what happened in the mid-