Venezuela is experiencing 25,000% inflation this year and people have now turned to barter. This only makes sense. Why use a medium of exchange that can’t serve as well… a medium of exchange! This is why it is crucial for you to own physical precious … [Continue reading]
Venezuela turns to barter as currency becomes virtually worthless… Hmmm what can we learn from this?
Venezuela is experiencing 25,000% inflation this year and people have now turned to barter. This only makes sense. Why use a medium of exchange that can’t serve as well… a medium of exchange! This is why it is crucial for you to own physical precious … [Continue reading]
Is Stagflation from the 1970s returning? Fed chairman, Powell, doesn’t think so.
The Federal Reserve has raised rates for the 7th time in a decade. The latest FOMC statement and the Fed’s move here tells us a lot. The Fed really does believe the economy is strong and that it is fundamentally and structurally strong. The Fed … [Continue reading]
Is Stagflation from the 1970s returning? Fed chairman, Powell, doesn’t think so.
The Federal Reserve has raised rates for the 7th time in a decade. The latest FOMC statement and the Fed’s move here tells us a lot. The Fed really does believe the economy is strong and that it is fundamentally and structurally strong. The Fed … [Continue reading]
The Once coveted $1 million Taxi medallions are now worth $175,000 and New York City Taxi Drivers are committing suicide because of Uber?
Recently, a 5th New York City taxi driver has committed suicide. Many of these taxi drivers own the once coveted $1 million taxi medallion the problem is that currently those taxi medallions are worth $175,000! These taxi drivers are deep in debt … [Continue reading]
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