If you help (bailout) a productive citizen who has come on hard times, that’s admirable. If a loan will help him though the mess, I will do it any time. An individual that is, but not a huge corporation which got into trouble because of stupidity. If you help a productive man out of […]
I always refer to a dictionary to see exactly what a word means. The word “addict” means, “To give in to some strong habit.” We all think of drug addicts, nicotine addicts, alcoholics, and the like, but there are certainly other addictions. I know people who are addicted to working out, fishing, watching sports, […]
I always refer to a dictionary to see exactly what a word means. Inflation is defined as an increase in the currency supply. Deflation, is defined as follows: “A decline in economic activity.” Is it possible to have both at the same time? I think so. Consider the current situation in several areas. Housing: […]
At a recent auction, for $32, I bought a 1939 translation of Hitler’s Mein Kampf. It was mostly written while he was in jail in 1927, although some was written before, in 1922. The name means “My Battle” in English, and surely does predict his future battles. The grammar is letter perfect, so I […]
There are so many complications, economics wise, and there shouldn’t be, because as Ludwig von Mises once said, defining economics, “People Act.” It’s just that simple! Examples are everywhere. Toyota is closing it’s plants for 11 days, and how many employees does this affect? Let’s say 2,000, at $200 a day, for 11 days. […]
There have been some rumblings around the office about the future of this company, and more specifically, your job. As you know, the economy has changed for the worse, and this presents many challenges. However, the good news is this: The economy doesn’t pose a threat to your job. What does threaten your job […]
