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  • Follow Mute Swans
    12 days of Christmas food lover's style, day 7: Swans a swimming
    On the seventh day of Christmas, my true love sent to me: Seven Swans a Swimming. According to the recent article in the Crain’s Detroit Business, “Inflation holds steady for The Twelve Days of Christmas”. The article highlights...
  • Blimp as a metaphor for credit in economy
    Inflation vs. Deflation
    Inflation and deflation are two of the most misunderstood economic conditions. The recognition of each is typically gauged with prices. Higher prices mean inflation. Lower prices mean what exactly? We never see lower prices do we? My economic laws...
  • Saving for a rainy day
    The past and future of crypto currencies
    The name people think about most often when it comes to the subject of crypto currency obviously is Bitcoin. In its short history, the novel online currency has gained as much attention for its mysterious beginnings as it has for its meteoric rise...
  • Gasoline Prices
    Consumer prices up slightly in June, but gasoline prices spike
    America’s cost of living eased a little bit in June, according to official statistics reported by the Labor Department and published by Marketwatch on July 22, 2014.The consumer Price Index, or CPI, increased 0.3% in June, 2014 a smaller...
  • Will you be able to afford to live?
    Will you be able to afford to live?
    "Under my plan, energy costs will necessarily skyrocket." Barack Obama uttered these words in a candid moment while speaking to reporters in 2008. But he failed to include food, over the counter drugs, coffee, milk, and a host of other...
  • The Junuary Economy
    The Junuary Economy
    It is Junuary. For readers who have not had the pleasure of living in the Land of Giants, Junuary is the time of year when one looks at their calendar to find it clearly indicates the month of June, yet a look outside at the rain and colder...
  • Celebrity Investments: What If These 10 Celebs Had Purchased Gold?
    Celebrity Investments: What If These 10 Celebs Had Purchased Gold?
    Imagine that the following celebrities purchased $10,000 worth of gold during the year they were born. If they had kept the gold until today, 20, 60, even 116 years later, what would it be worth in U.S. dollars now?* How much more money would...
  • Printing money
    What Actually Happens When a Government “Prints Money”?
    In economic discussion, you may often hear that a government is “printing money” and then picture sheets of hundred dollar bills coming off a printing press. In reality, this is not what actually happens in every sense of the term....
  • Dave Rosenberg
    Chief Economist and Strategist Recommends Gold as Inflation Hedge
    Dave Rosenberg, chief economist and strategist at Gluskin Sheff and Associates – one of Canada’s most renowned wealth management firms – thinks you should have gold in your investment portfolio, and here’s why.Rosenberg,...
  • Silver Eagle Dollar Coin
    What is inflation (Part III)?
    One of the most important financial, but least understood, events of the 20th century was the creation of the Federal Reserve System. In the late 19th century and the early 20th century a series of financial panics promulgated a convention of...
  • Continental Dollar
    What is inflation (Part II)?
    At one point in the history of the United States, gold and silver coins were money. We use the term money since it satisfies the criteria defined in the previous article (medium of exchange, unit of account, direct representation of wealth). For...
  • Depreciated $100 bill
    What is inflation (Part I)?
    Readers of this column understand how the Herculean government deflation fighting effort will be inadequate. The incipient component necessary for the development of modern bubbles and the subsequent deflation fighting effort is something called...
  • Big Bang waves: A discovery that's not easy to understand, but of great scientific value!
    Big Bang waves: Gravitational waves discovered, just as Einstein predicted
    Big Bang waves is a new discovery that brings with it a greater understanding on how the universe expanded in a fraction of as second after the Big Bang. This latest find also shows that Albert Einstein was a man way ahead of his time. He said...
  • Keep evil away from your paycheck
    Money health 2014: Keep Darth Vader from your paycheck
    Capital Region families need to conjur up a force field, a "deflector shield generator," for their 2014 paychecks. There are three enemies, all mysteriously controlled by Darth Vader (in theory).To avoid financial doom, consumers need to...
  • Ben Bernanke makes statement regarding QE3
    Positive data makes Fed decision easier
    From earlier statements this year, Fed chairman Ben Bernanke's attempts at discontinuing the third round of quantitative easing was met by the markets with fear and trepidation. Many times over the summer, markets would plummet a day after any...