Modern Monetary Theory
Modern Monetary Theory (MMT) is anything but modern. The technique of governments printing money to pay their bills has been tried and tested over an over again. In the final…
Palladium: The Secret Weapon in Fighting Pollution
The catalytic converter is one of the greatest inventions in the environmental age. It started with platinum, but due to its cost, scientists figured out how to make platinum younger…
Inverted Yield Curves, Recessions
We have read a lot about the yield curve these days. The yield curve is simply a graph of interest rates as a function of time to maturity. Historically, recession follows…
Economic Busts Can Happen in a Free Market. But Central Banks Make Things Much Worse.
Friedrich Hayek, the great Free-Market Economist won a Nobel prise in economics for his work on the causes of the business cycle. Hi works showed that the Fed is the…
The Warren Buffett Empire
Berkshire Hathaway is amn insurance company, holding company and conglomerate all in one. The sutruture of Berkshire as just as much to do with high rates of return as the…
Banking: Saving and Checking Accounts
Banking seems like a simple business, but it is more complicated than most think. It is important to remember that you do not have money in the bank. When you…
There is more to the Economy than GDP, Jobs & Wages
There is more to economics than jobs, wages, consumption, exchange rates, inflation rates, GDP, etc. Economists like to talk about these things because they and/or the government can measure (sort…
10 Minute Stock Trader Interview
10MinuteTrading is an information and media company that helps individual investors make better decisions. Mark was a recent guest on the show which is hosted by its founder Christopher M.…
Rethinking Income Strategies
Everyone should have a balanced portfolio that contains some stocks (index funds perhaps), bond (in ETF form perhaps), commodities, cryptos as well as options.
The Week Ahead | 09/23/2019
Happy Monday. Good Luck out there this week. Global Spotlight A New Plan for Ireland? After weeks of paralysis, Brexit negotiations between the European Union and the United Kingdom seem to…