Recession

Why Fiat Money is bad for everyone but the rich. Permanently transfers wealth from poor to rich. Kind of a reverse Robin Hood. #in

Several of my students have been asking me to clarify why “fiat money” is basically bad in all it’s forms — essentially a tax on the poor. The following article focuses on that most obscene example, the US Federal Reserve system however to a lesser degree fiat money is still bad even where governments create …

Why Fiat Money is bad for everyone but the rich. Permanently transfers wealth from poor to rich. Kind of a reverse Robin Hood. #in Read More »

Ten Tips to recession proof your business.

If my spidey senses are correct, we are heading into another recession, just was we started to feel we were out of one.  There are two reasons for this. First, oil prices are rising, and that chokes off economic activity.  If you believe Jeff Rubin, and his excellent book, “Why Your World is About to Get …

Ten Tips to recession proof your business. Read More »