Today at the press conference after the FOMC meeting, Jerome Powell indicated that the FED would raise interest rates by 25 basis points and guess what happened? For the past…Continue readingChairman Powell said What??
In an unhampered market…. From the Consumers point of view time preference is a function of a consumer’s desire to postpone present consumption in favor of future consumption. Low time…Continue readingIn an Unhampered Market…
What is Non-Productive Debt and what you need to know about it When you ask most people What is Non-Productive debt, they don’t understand the question. Why would someone want…Continue readingWhat is Non-Productive Debt
