monetary

Is the Health Care Bill a Distraction From What’s Next?

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?

The Most Important Financial Question You Must Ask

What is inflation? I believe this is the most important financial question a person can ask. I am constantly on a trek to better understand money and wealth. Here is some of what I've learned thus far: Per its original meaning: Inflation is not a rise in prices Inflation is a rise in the money … [Read more...] about The Most Important Financial Question You Must Ask

Tool for Battling Coming Inflation

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

CPI Explained – Part 1 – Hedonics

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

What Causes Inflation? (You may be surprised) – Part 1

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