Five Myths About Inflation
by William Cate.Myth #1 Inflation is bad for everyone.Inflation is bad for lenders. It's good for borrowers. To break even on a loan, a lender must charge sufficient interest to offset inflation and taxes on the resulting interest income. For the past decade, inflat...
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Miscalculating Inflation
by Sam Vaknin.The most accurate yardstick of inflation is the GDP deflator (which includes the prices of capital goods and export and import prices). Regrettably, it is rarely used or mentioned in public.The Consumer Price Index is not the same as the Living Expen...
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Rise In Inflation Pressures For All Brits
by Tom Dawson.Consumers of all ages are facing a rise in financial difficulties, new figures indicate.According to data published by the Alliance Trust, the official rate of inflation increased higher than expected to stand at 2.1 per cent over the course of Octob...
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Gold ETF, an Inflation Hedge or In a Bubble?
by Ryan Moxie.Commodity ETFs (exchange traded funds) are made up predominantly of things derived or cultivated from the Earth. These include energies, such as oil and natural gas, agriculture, which includes crops and livestock, and metals, like silver and gold. ...
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Penny Pinching Secrets
by Steven Gillman.When you think of penny pinching, do you think it means being like Scrooge? Do you imagine leaving a few coins for a tip and haggling over a two-dollar shirt in a thrift store?? If so, try a new way of looking at it. Even Donald Trump admits to being...
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Rebates – Reward or Rip Off?
by Nicholas Tan.I’ve even seen items advertised as “free after rebate”. Do these rebates come under the heading of “too good to be true”? Some of them do and there are “catches” to watch out for but if you are careful, rebates can help you get some rea...
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What Will You Do With Your Rebate?
by Debbie Dragon.In 2001, the US economy had entered a recession and the government issued rebate checks to most people in hopes people would run out and spend them and help stimulate the economy. While the effectiveness of that move haven't been proven one way or an...
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Trust in a "digital economy"
by Kurt Larsson.Gaining trust is one thing, retaining it is even harder. History teaches us that once trust is lost, fortunes usually disappear shortly thereafter. We may be at such a crossroads now with the most popular man-made currency ever. As Margaret Thatcher ...
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In-game Economy & Society
by Steven Golden.SAN FRANCISCO: Emerson Larkin, 23, just reaped $400 selling two characters for Blizzard Entertainment's "World of Warcraft" after investing nearly 75 online gaming hours creating them.Larkin was able to cash in because of the growing popularity of ma...
Economy of Canada
by Gregory Mamnyia.The fresh water makes up over 10 percent of the total area of Canada, and the coastline is the largest in the world (273,792 km).Nearly all of its (about 90 percent) of 30 million people is concentrated within 160 km near the United States/Canada bor...
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Helping the Economy
by Myron Gushlak.The New York Times called him the godfather of thecredo that “prosperity springs from markets free of all governmentmanagement.”? The investment bankerMyron Gushlak captures the essence of Friedman when he paraphrases, “If thegovernment ran the...
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What Next for the UK Economy
by SimonDuffy.Industry experts had predicted the interest rate hold but it surely is becomming harder for the Bank of England to make these rate setting decisions.Rising inflation means that food prices and fuel prices are rising and the Governmnets target for inf...
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The Cuban Economy: An Overview
by Robert Masud.The study of the economy of Cuba can be divided into four phases. The first phase consists of the occupation of the island by the Spanish, which led to the extinction of the aboriginals and the bringing of African slaves to work on the sugar plantati...
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Barcelona Economy
by Kirsty Connell.Situated on a plain between the Llobregat and Besos rivers and lying between mountains and the sea, Barcelona is the second largest city of Spain, its largest port, and its chief commercial and industrial center. Barcelona has served as a crossroads ...
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What Will You Take For A Dollar?
by David Wilding. The other day I sat in a meeting listening to a young man extol the virtues of owning real estate. Much of what he said was true. However 2 things made me sit up and take notice and I couldn't help but comment. First, he said the interest on...
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