EconPete

United States, joined 2011 Mar 8   Has 2 followers.   Is following 1.
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Low interest rates discourage the deleveraging in the housing market!
by EconPete on 17 Apr 2012   28 comments, latest 12 years ago
Yes the housing market may be experiencing current short-run price stabilization, but the long-run outlook is a more leveraged housing market! Instead of having higher, sustainable interest rates and ...

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Is a Senior Retirement Consultant an oxymoron?
by EconPete on 15 Apr 2012   2 comments, latest 12 years ago
The problem with the title is that it describes an individual who has performed their work for many years, yet has not discovered a way to retire, even though ...

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Why does the Government dictate the housing market?
by EconPete on 1 Apr 2012   3 comments, latest 12 years ago
A) Population Total = 308,745,538 B) Number of household units = 131,704,730 C) Median household income = $51,914 D) Median household income times number of houses = B*C = ...

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No hyperinflation.... Just deflation!
by EconPete on 7 Mar 2012   102 comments, latest 12 years ago
I'm sorry to inform everyone that hyperinflation is not coming. If people fully understood the Fed they would know that the Fed cannot directly manipulate the money supply. The ...

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The reason for the declining middle class.
by EconPete on 8 Mar 2011   20 comments, latest 13 years ago
Middle Class ??????? Income: $50,000 Income Tax: $10,000 What they want you to think Taxation Rate: $10,000/$50,000 = 20% What is the truth(Including company contributed Medicare and Social Security) ...

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Tax Quiz, what are you really paying for taxes?
by EconPete on 8 Mar 2011   6 comments, latest 13 years ago
Hint #1 is a sales tax not an income. .05/(1.05-.05)= .05/1.00 = 5% NOte: actual income includes the money your company paid for your ss and medicare that is ...

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Fail
by EconPete on 8 Mar 2011   1 comment, latest 13 years ago
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