The better you steward your finances, the better you walk your walk.
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Money can be many different things. We began yesterday discussing the history of money and will now look at this history within the United States. When the United States Constitution was written, it gave Congress the right to “Mint Money”. Every intelligent person knew that to be a valid currency, it must be backed by [...]
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We spoke recently about banks and the problems they are facing.
Let’s dig a little deeper into those. The FDIC closes banks down every Friday, and we are at a record pace of banks failures so far this year.
Each Friday night that the FDIC goes in to close a new bank, it is found that the [...]
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Banks problems are one of the leading signs of depression. We spoke Monday about the problems that banks are having and how this can be dreadful for the economy. Today, we’ll continue our look at signs of depression within the current economy.
Studies have shown that when the FDIC closes down a bank and liquidates it’s [...]
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Inflation signs are apparent. A double dip inflation is discussed in today’s economic update video as we continue our periodic series. We’ll focus on signs of a double dip recession pointing towards inflation. This video is Part 2 of a series. Watch Part [...]
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Inflation signs are apparent. A double dip inflation is discussed in today’s economic update video as we continue our periodic series. We’ll on signs of a double dip recession pointing towards inflation. This video is Part 1 with Part 2 to follow tomorrow.
This inflation signs video [...]
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Sovereign debt crises and hyperinflation are discussed in today’s economic update video as we continue our periodic series. The US & other Western Countries face a serious threat of Sovereign Debt Crises which could lead to hyperinflation which would be devastating to not only your assets, but your way [...]
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Government and its involvement in the economy are discussed in today’s video as we continue our economic update discussion. The more a government involves itself in the economy, the more it fails. This economic update video looks at recent news in the government in this arena.
This economic update is part of a series which [...]
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In this economic update, we spend some time talking about a recent treasury auction that almost failed. There have been clear signs in recent months that the nations which we depend upon to finance our debt are no longer willing to do so. China & Japan have reduced their Treasury holdings, and a [...]
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