1857 was a year to remember in America. It began with a “run on a bank,” which must be explained, as it can happen tomorrow, if the right circumstances occur. A “run on the bank,” means that depositors become suspicious of the bank’s solvency, and seemingly all at once, go to the bank to draw […]

We all look at prices of things every day. Be it eggs, which have doubled in price in my local grocery store in the last few months; gasoline, which has gone up in dollars recently, or every other thing we purchase for life’s needs or luxury. Price is determined by supply, as well as cost […]

Inflation is an increase in the supply of “money,” which causes prices to go up in a currency, this case being dollars. Deflation, is a decrease in the currency supply, causing a decrease in prices, in this case, dollars. Sounds simple? It is, except we are soon going to be faced with a combination of […]

I always seem to be different, and I can’t help it. Being an only child Aquarian, (if you go for astrology), maybe that’s par for the course. I always seem to disagree with the mob on CNBC, Wall Street Journal, and Barons. I seem currently to be at odds with the crowning masters of advice. […]