“The more of anything there is, the less they will be worth.”  This applies to just about anything.  Even water.  In the Eastern U.S., where it rains anywhere from 40 to 60 inches a year, water is cheap, and usually no one has to water their lawns or irrigate their fields.  In the Western U.S., […]

I had an interesting conversation with a client last week, and the subject of wills came up, and the death tax someone has to pay when one’s wife, husband or other, passes away.  I have a will, as we all should, but I don’t have an IRA. Speaking about IRA’s, many have placed physical gold […]

I am a fire buff.  I love to hear motor driven, real sirens, as in Philly, not the electronic ones now in common use.  When I lived in Philly, I was a member of the ‘Second Alarmers Association.’  If a third alarm or better was ordered, we brought out the doughnuts and coffee for the […]

We all have ‘ice boxes,’ as we old timers still call refrigerators.  “Ice boxes,” had no moving parts, and did their job as well as could be done before refrigeration was invented.  Cold goes down, and heat goes up, which is third grade science.  In an ice box, ice weas placed on top, and food […]

Things were a bit cheaper back then.  Boneless rib roast, 24 cents a pound, a Model T Ford – $275, and silver 47 cents an ounce.  But that’s not all that made 1912 noteworthy.  A few minutes before midnight, on April 14th, the world’s largest, most up-to-date, modern, luxurious, steamship Titanic, struck a huge iceberg, […]

From a column I wrote 19 years ago… I love to investigate funny money.  “Red Dog”, and “Blue Pup,” monies, are actual facts of history.  I can’t find any of either, even on the internet, but they did exist, when banks actually could issue money.  New York banks, issued dollars, just like the Fed does […]

In the 1800’s, almost every nation used silver for coins, and as a monetary system.  The U.S. stopped buying silver, known as the ‘crime of 93,’ because it thought it had enough, (it didn’t), causing the mines to shut down, and creating a silver shortage for several years.  The 1849 gold discovery in California, plus […]

Why write about someone who died two years before I was born?  You’ll see, but since he was called the “King of Broadway,” having produced over 70 shows, a bit of theatrical history, might interest you.  Having been in the theatre business for eleven years, with six theatres, and having done a bit of acting […]

What’s obvious to those of you who read this, is you possess a basic knowledge of economics.  Your economics knowledge, makes you know, that with a surplus of dollars, it is not smart to save in them.  95% of the world’s population, saves their surplus dollars, pesos, rubles, pounds, or what have you, in all […]

Let’s define it first.  “Money (mun’e). 1. A standard piece of gold, silver, copper, nickel etc. stamped by government authority and used as a medium of exchange and measure of value; coin or coins. 2. Any paper note issued by a government or authorized bank and used in the same way. 3. Any substance or […]