Billionaire Wealth Quintuples
In the last two decades, wealth held by billionaires has quintupled. While inflation explains some of the increase, this has Continue reading
In the last two decades, wealth held by billionaires has quintupled. While inflation explains some of the increase, this has Continue reading
Inflation is familiar. For Americans who are old enough, or others who’ve lived in hyper-inflationary countries, fighting inflation makes a Continue reading
Negative interest rates happen when assets are accumulating and not circulating. They were imposed by some governments in Europe in Continue reading
The good news: job growth continues, and if it continues at this pace should fully recover within about two years. Continue reading
The good news: the US economy added about 211,000 jobs in November, better than expected. The somewhat good news: wage Continue reading
The US Fed hasn’t raised interest rates since 2006. The Great Recession convinced them to leave it alone or drop Continue reading
The US drops to #10 in R&D spending. California’s Snowpack is as 0% of normal, which isn’t normal. Alaska hits Continue reading
Inflation is low, on average. No one lives an average life. Depending on your mix of needs versus wants, goods Continue reading