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Tag: Economy

The Ultimate Stealth Tax: Inflation

Watch this video on YouTube With all the talk about tax rates and the fiscal cliff, hardly anyone has mentioned what is probably the most effective and least understood tax in the federal arsenal: inflation. Wait a minute. Isn’t it confusing to call inflation a...

Survive Fiscal Cliff with Diversification

Watch this video on YouTube So the economic train is speeding faster and faster, and the edge of the fiscal cliff is getting closer and closer, and the passengers are starting to scream. Meanwhile, the guys in the cab of the engine are arguing about whether to hit the...

Vast Difference Between Millionaires and Billionaires

Watch this video on YouTube What’s the difference between a millionaire and a billionaire? Three zeroes and a comma. No, this isn’t a bad joke. It takes one thousand millions to make one billion. That’s a huge difference. Over the past couple of...

Preparing for the Fiscal Cliff

Watch this video on YouTube Whether you’re pleased or disappointed with the outcome of the Presidential election, the question to ask now is, “What does this mean to me?” It’s an especially important question if you own a business or are...

Keeping an Eye on Our Economic Freedom

The United States has experienced a “remarkable plunge in economic freedom” over the past ten years. This is the conclusion of the 2012 Economic Freedom of the World Annual Report, by Gwartney, Lawson, and Hall. The report measures the degree to which a country...