Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

The Misery Index – Inflation Articles

By David Barth Subscribe to RSS | December 14th 2011 | Views:

Inflation articles have been written over time and I believe that those concerning the misery index are the most telling. Our present inflation is the highest in 28 years according to a report by CNBC. We can get a read on how people are affected by the economic climate by measuring the misery index through adding the unemployment rate with the inflation rate. Arthur Okun, an economist and adviser to President Lyndon B. Johnson, developed this method of judging economic conditions.

The misery index is presently (October 31, 2001) at 12.97. The highest, 21.98, was experienced during June of 1980 while Jimmy Carter was in the White House. He won the presidential race by stating that anyone that caused the misery index to go to 13.57% shouldn’t be president of the United States. The lowest in history was 2.97. Dwight D. Eisenhower was the executive in charge at the time.

In my opinion inflation articles are the writings that everyone should keep tabs of. One of the reasons is the influence that bad economic conditions have on the social fabric of a nation. Statistics show that crime increases when the misery index goes up. In studies done since 1960 it has been shown that there is a direct correlation between a high misery index and the crime rate. It is easy to believe that social values are suspended when people are under stress. Research also shows that unemployment facts and high inflation taken separately don’t have the same impact on judging the results of economic and social problems.

Inflation has steadily grown in a quiet way according to many inflation articles. April through September of this year it has been above 3% for each month with September being nearly 4%. The following are some favorite commodities and the inflation rates for each over the past 12 months.

Energy — 19%

Coffee — 45%

Barley — 32%

Pork — 68%

Oranges — 35%

Cotton — 40%

Salmon — 30%

Adolf Hitler came to power because inflation was so bad that it lead to hyper-inflation. If you wanted two cups of coffee you needed to order them at the same time because by the time you finished one cup the other was already up in price. It took a wheel barrow full of money for one loaf of bread. Germans were burning their money in the end to keep warm.

Some ways to plan for inflation are as follows.

-Silver and gold. Along with food these commodities are the best way to prepare for the dismal future ahead. Our suggestion is coins because they have monetary value along with intrinsic value.

-Grow your own vegetables.

-Substitute meat with beans and eggs to get your protein.

-Walk past the junk food aisle at the store.

-Freeze your leftovers.

I have written extensively on why I believe that the end of the dollar is near. We aren’t quite like Greece, but we live in a global community and what happens to them and to Portugal and Italy and Spain will surely affect us all. On the other hand, we don’t need their help in going down the drain. The printing of money to cover government spending in Washington will be the cause of our demise.

We can do more than own hard assets of gold and silver. Those who are not satisfied with their jobs due to lack of money or time can own a business selling what everyone should own, silver and gold. Nobody is going to look out for us but ourselves. My reflections of inflation articles and the misery index may paint me as a pessimist, however, I merely believe that we should hope for the best and plan for the worst.

David Barth - About Author:
David Barth has espoused the need for Gold and Silver coin ownership since 2001. Do you find your job unfulfilling? Click here to see how you can own a business selling lasting assets of gold and silver coins.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:

Related Investing Articles Subscribe to RSS

Helpful tips for gold investment
Published by Mike Neon on December 15th 2011 | Investing
Buy Gold Bullion Coins and take physical possession by having them shipped direct to your home. Bull...
Smart ways of investing in gold
Published by Brad Gilmore on February 24th 2012 | Investing
With the volatility of the market not seeming to abate at any point, many people are turning to the ...
Smart gold investments
Published by Brad Gilmore on February 24th 2012 | Investing
Through time, one of the most valued commodities has been that of gold. The fact that it is a bit sc...
Opt for Currency Options with the Help of Forex Trading Signals
Published by Kelly Wagenheim on August 24th 2012 | Investing
Currency options give the right to contract holder, to buy (that is call option) or to sell (also kn...
Know how to stay updated with natural gas news on a regular basis
Published by Kevinpieter on August 22nd 2012 | Investing
Before taking investment decision, it is very important to know about the specific company profile. ...
Natural gas investments offer unique opportunity to earn lucrative returns over a period
Published by Mano Matthew on August 22nd 2012 | Investing
Natural gas prices have gone through quite a topsy-turvy phase. Since hitting the peak phase during ...
Singapore Company Registration: a Part of Starting New Business
Published by Andrews Thomas on August 22nd 2012 | Investing
Though Singapore company registration is one of the things, which a business entrepreneur needs to d...
Getting Idea of Fixed Income Products
Published by Fixedincome on August 20th 2012 | Investing
People get perplexed about the investment policies available in the market. They must have idea of t...
A great Agency for that Consolidation Associated with Debt That's Non Revenue
Published by Shyam Singh on August 18th 2012 | Investing
When you obtain a debt administration program via DMCC you'll be assigned an avowed Credit Counselor...