After the unraveling of the previous housing bubble during the 2008 financial crisis, many people drew the natural lesson that loaning money to people who were poor credit risks was …
Category:
Money
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Nearly every country on earth backs its paper currency with US dollars. Now you may wonder, why would anyone do that? Or why does that even matter? Here’s why. “Why …
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Fed up with what it sees as US bullying in the world financial system, the European Union plans to develop new payment systems to allow the EU to divorce itself …
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Anyone who has followed politics at all over the past decade probably remembers Jimmy McMillan, a.k.a. “The Rent Is Too Damn High” guy. His appearance in the 2010 New York …
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A common piece of investing advice is to do the opposite of what everyone else is doing. If everyone is piling into one asset, there’s a good chance it’s overvalued …
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One of the highlights of the mid-2000s housing bubble was the large amount of house flipping that went on. Housing prices were rising so high so fast that many amateur …
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If you’ve been following the precious metals market at all during the last 8-10 years, you’d know that gold bugs can be dogmatically bullish with their continual predictions that gold …
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It’s no surprise that Americans aren’t the best at saving money. It’s drilled into our heads from an early age through advertising and peer pressure that spending money is the …
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Who pushes society forward the most? Who is it that creates technology and valuable goods and services for the masses of people? Who is it that enhances society’s knowledge and …
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When the Federal Reserve began its massive money printing programs called quantitative easing, some conservative and free market-minded economists warned of high inflation as a result of this money printing. …