Everyone is talking about health care. "How could the politicians do this with a strong majority of American in opposition?" This video provides some insight into the never-ending string of government takeovers, and seeing the whole picture is alarming. One lesson from all of this is that … [Read more...] about Is the Health Care Bill a Distraction From What’s Next?
If you've been following my blog, you know that I take great interest in understanding money. Why every single human who uses money on a regular basis doesn't also share this interest is beyond me. With trillions of dollars created by actions of Congress, the Federal Reserve, and the Treasury … [Read more...] about Tool for Battling Coming Inflation
While the measurement of inflation varies wildly depending on which economist you talk to, here we will examine the official figures published by the Bureau of Labor Statistics (BLS): CPI or Consumer Price Index. The purpose of publishing CPI is to measure inflation and/or deflation, the decreased … [Read more...] about CPI Explained – Part 1 – Hedonics
According to John Williams' Shadow Government Statistics October 26 Flash Update, year-to-year Monetary Base is up 38%. Expansion of the money supply creates inflation and debases the wealth of people holding U.S. Dollars. The lesson? Don't hold U.S. Dollars. Seems kind of tough if you live in the … [Read more...] about Monetary Base up 38% Year-to-Year
In a recent meeting with a couple of real estate investors, I was posed with the question: Doesn't the weak dollar eat into the profit of foreign real estate investing? Not at all; in fact, quite the contrary. A weak dollar makes spending dollars in foreign countries disadvantageous. I ran into this … [Read more...] about Does the weak dollar make foreign real estate a bad investment?
Some of the most prominent explanations of the cause of inflation can be extremely confusing and often end up leading the reader/inquirer to conclude "Ahh, it's just too complicated. We can't really put our finger on it, and there are many different factors." In this post, I aim to undo that … [Read more...] about What Causes Inflation? (You may be surprised) – Part 1