Proper Use of Capital

Proper Use of Capital

Only in a democratic country are ordinary citizens allowed to own property, accumulate wealth and accumulate and use capital. That is why capitalism was born in democratic nations. We all know that citizens of communist countries are not allowed to accumulate wealth...
Open Letter to Jay Powell

Open Letter to Jay Powell

Dear Mr. Powell, We need to reassess the status of our economy, inflation, interest rates and recession. It is true that we do not make anything in the United States anymore and therefore supply has to come from overseas. It is also true that clogs and delays in the...
United States Central Bank Digital Currency

United States Central Bank Digital Currency

On March 9, 2022, President Joe Biden issued Executive Order 14067 apparently for the purpose of “Ensuring Responsible Development of Digital Assets”  The investment in cryptocurrencies has been growing dramatically in recent years and it is essential for the...
Who is Responsible for High Gas Prices?

Who is Responsible for High Gas Prices?

So many different reasons are offered for the high gas prices we are experiencing.  There is Russia’s war against Ukraine.  Some blame the oil companies for being greedy. We could say that OPEC is producing less to create shortages and keep prices high. Certainly, the...
The Dangers of Cryptocurrencies

The Dangers of Cryptocurrencies

It is easy to understand how the increase in value of cryptocurrencies in the early days, which created an increase in wealth for many, has encouraged the incredible growth of interest in them that we are experiencing. Investment in today’s day and age seems to...