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5 Things you NEED to know about Inflation, the falling dollar and Purchasing Power
Inflation is both terrifying and very hard for the average person to understand. Most of us realize that it is a bad thing, but not exactly why it is bad or how it will affect us and our families. My goal in...
2 commentsDeception and Money
The church is living in the final days of the Church Age or, Dispensation of Grace. It began with Jesus' death, burial, and Resurrection, and will terminate, abruptly, with the rapture of His believing...
2 commentsKrugman on Friedman - A Critique
With the passing of the late John Kenneth Galbraith (1908 - 2006) the job of popularizer of the economics of government economic control of the economy has been taken up by Paul Krugman. Like Galbraith,...
7 commentsUS Dollar Purchasing Power
As is said, a picture is worth some hundreds of words or something like that. This pictorial chart (below) is the whole purpose of this hub; it simply makes the point that the US dollar has lost a lot of...
9 commentsBarter Exchange
Prior to the introduction of money as it is known today, trade was carried out by barter, i.e. exchange of goods for goods. Due to the wasteful nature of barter, the amount of trade that could be carried out...
0 commentsSolar Power Purchase Agreements
Power purchase agreements help many people afford solar energy Are you a business owner? Governmental agency? Want to install solar panels, but worry about the cost? There are many ways to finance...
4 commentsLAPTOP POWER SUPPLY
If you have a laptop then you already know that their batteries do not last long enough to do much and the more you use them, the less staying power they have. This is why it is important to have a laptop...
0 commentsFunctions of Money
Money performs four specific functions, each of which overcomes the difficulties of barter. The functions of money are to serve as: Unit of value, Medium of exchange, Standard of deferred payments and ...
0 commentsBond Investing Basics
Why would any one bother with bonds? Stocks have consistently demonstrated that they outperform bonds over time. The reason to consider bonds is that they are a fundamentally different type of investment where the bondholder is a creditor of the company and the bonds are IOUs, whereas a stockholder is a part-owner of the company, and subject to greater risk.
3 commentsGold, Silver, and Pepperoni Pizza
After graduating from college, I went to work at a production facility. One of my co-workers, who was a few years older than I, made it a habit of his to purchase 5 ounces of silver every time he received...
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