Good News from Kinplinger's - if you don't mind being lied to

I was reading April's Kinplinger's magazine yesterday and the first article was about the recession.  They assert that if the Federal Reserve continues to aggressively print and lend out fiat money and if Congress gets the fake money that it has requested out to the people in the form of rebate checks quick enough, a recession might be avoided or, at worst, be minor in severity and duration.

I've kind of skimmed the rest of the magazine because it's hard to take it serious after reading crap like that as the lead off article.

If you want to devalue the currency by 10% so that stocks continue to rise at .1%, just say so but don't say that losing 9.9% in purchasing power isn't a recession just because you managed to keep stocks from going down.

I didn't pay for the magazine and yet I still feel like I was gypped.

Comments

[mark]

Isn't it odd that (I think) the Canadian dollar is worth more than ours?!??! Who woulda thunk?

[Success Warrior]

They are about even at the moment which says terrible things about the Canadian money policy. The Euro is 1.5 times better and the Pound is 2 times better.