The Broken American Middle Class

A fixture on the American scene, the middle class, might be irretrievably broken, victim of the soaring home prices that allowed them to finance a certain lifestyle on the back of a belief that times were good and would always remain that way. Unfortunately, high...

They're Messing With the Value of Your Dollar

As our nation on the verge of possibly historic hyperinflation, it's easy to flip on the television and pay no heed to knee-jerk reactionaries like those at the American Monetary Association who are always yapping away about the how the inflation boogey man is going...

4 Sure Bets for Super Bowl Sunday

American Monetary AssociationAs America and the world get ready to watch the Pittsburgh Steelers face off against the Green Bay Packers for Super Bowl XLV on February 6, 2011, we at the American Monetary Association can’t help but talk a little currency about the game. Professional sporting events are big business and nothing is bigger than a Super Bowl. Plus this one is being played in Dallas Cowboys owner, Jerry Jones’s, futuristic vision of a football stadium on the outskirts of Dallas.

Steve Jobs and Apple Cult of Personality

AmericanMonetaryAssociation.orgPerhaps more than any company in recent memory, the fortunes of one mega-corporation are tied to the creative impulses of a single man. We are, of course, talking about Steve Jobs and Apple. Talk to anyone who owns a Macintosh computer, iPad, iPhone, iPod – the list goes one. Devotees of products created and marketed by the Apple Chief Executive Officer cling to them with an almost religious intensity. That’s why when news came down the line a few weeks back that Jobs was taking an indefinite leave of absence for medical reasons, you could almost hear the stock price dropping, and drop it did.

What Exactly is the Federal Debt Limit?

The national debt has grown by $3.4 trillion dollars since Mr. Obama assumed office. Public debt now comprises 62% of the economy, a percentage predicted by some experts to grow to 87% within ten years. Should we be worried that our entire way of life is going to...

Obama and Bernanke Fiddle. America Burns.

Past periods of unemployment in America have often been resolved by a program of matching up people to jobs, but this time around, we wonder if there is something more intrinsic or structural that has created a 10% (some say higher) national unemployment rate. It may...

America's Credit Rating Headed for a Fall?

The thought would have been unfathomable to previous generations but, for us at the American Monetary Association, we wonder why it hasn't happened yet? We're talking about our nation's credit rating which, so far, continues to hold firm at the highest possible...

The Source of Our Economic Stress

Our recent post on which counties around the United States were mired in the worst level of economic stress begs the follow up question: What are they so stressed about? The source material for the original post was collected by the Associated Press, which also...