What If Your Daughter Ran Up Credit Card Debt of $160,000?

Written by Gary North on July 9, 2012

You would be horrified. You would ask: “What bank would allow this?” Answer: lots of them. It’s credit for college. Students cannot declare bankruptcy to escape college debt. They are trapped for life. So are the men who marry them. Kathleen Bijas, 27, lives at home with her parents. She makes monthly payments of $1,608. […]

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Price Inflation Remains Low

Written by Gary North on November 18, 2011

I prefer to use the Median Consumer Price Index to the regular CPI. In October, prices rose 0.2%. They have been in this range for months. The more common index, the CPI, reveals a comparable low rate. As I have been saying for two years, price inflation is low because banks have stashed $1.6 trillion […]

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