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inflation

Consumer Prices Rise Sharply In July
Consumer prices rose by 0.8 per cent in July, which means that the cost of living in America is rising at a rate of 5.6 per cent over the year as a whole. (Photo by Spencer Platt/Getty Images)
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Inflation vs. Deflation – What’s the Difference?

One of the jobs of the Federal Reserve is to keep inflation from going too high and to prevent the economy from going into a deflationary spiral.

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WASHINGTON - NOVEMBER 19: (L-R) Acting U.S. Comptroller General Gene Dodaro of the Government Accountability Office; Earl Devaney, chairman of the Recovery Accountability and Transparency Board; Deputy Education Secretary Anthony Wilder Miller and Deputy Transportation Secretary John Porcari are sworn in before the House Oversight and Government Reform Committee November 19, 2009 in Washington, DC. The committee held a hearing on 'Tracking the Money: How Recovery Act Recipients Account for their Use of Stimulus Dollars. (Photo by Win McNamee/Getty Images)
WASHINGTON - NOVEMBER 19: (L-R) Acting U.S. Comptroller General Gene Dodaro of the Government Accountability Office; Earl Devaney, chairman of the Recovery Accountability and Transparency Board; Deputy Education Secretary Anthony Wilder Miller and Deputy Transportation Secretary John Porcari are sworn in before the House Oversight and Government Reform Committee November 19, 2009 in Washington, DC. The committee held a hearing on 'Tracking the Money: How Recovery Act Recipients Account for their Use of Stimulus Dollars. (Photo by Win McNamee/Getty Images)
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Transparency? Are You Kidding Me?

What exactly is transparency? In government and business terms it means you can only see through the parts we want you to see through.

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New Series 2001 One Dollar Bill Notes
Alex Wong/Getty Images
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Is a Dollar Really Worth a Dollar?

The bottom line is, not what the dollar is worth, but how valuable is what the dollar will buy, worth to you?

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