Prime the Pump Economics

Aug 25, 2022

Politicians think that they can defy economic gravity with magic. It would be magic to think that you could reduce inflation by spending more money! The newly passed Inflation Reduction Act intends to spend a lot more money, but will it actually reduce inflation in the short term or even in the long run?

Trillion Dollar Time Bomb

May 6, 2014

Anyone who has irresponsibly managed a credit card knows how stressful debt can be. It often seems to come from nowhere, sneaking up on you and accumulating huge amounts of interest that cut into your bank account. And that’s just personal debt—imagine the burden of a...