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Economics

How to Protect Yourself Against the Invisible Inflation Burglar

Two Types of Inflation People typically just use the word inflation by itself, but there are actually 2 main types and it’s essential to be specific. The 2 types are: Monetary Inflation – The total amount of money in circulation as primarily defined by the Federal Reserve. Price Inflation – How much stuff a dollar […]

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Economics Federal Reserve

Top 1% Received all of the $4 Trillion Printed in 2020

The $4 trillion created by the Federal Reserve as part of the 2020 stimulus program appears to have gone entirely to the top 1% wealthiest people in the world.

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Economics Healthcare

How much does it cost to develop a drug?

The average cost of getting a new drug to market is $1.3 billion.

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Economics Federal Reserve Government Spending

When the government prints new money, who gets it?

The primary recipients of newly created money are currently banks and corporations who are able to borrow from the Fed almost 0% interest and loan this to the public at much higher interest rates.

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Economics Utilitarianism

A World Run By Economists

If only economists could run for office, the the compound interest on more efficient resource allocation, would have produced a utopia with flying cars by now.

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Economics

How to Identify the Bottom of a Stock Market Correction

This chart shows when the cost of the average stock (the S&P 500) exceeds its underlying value (corporate profits after taxes).

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Economics

Long-Term Trends in Human Well-Being

For millennia, everything sucked. Then something magical happened!

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Economics

US Stock Market Grew 3 Times Faster Under Obama Than Trump

U.S. stocks gained 21% for the first two years of the Trump administration. versus 71.2% in the first two years of the Obama administration.

Categories
Economics

How much money is there in the world?

In 2017, the entire world produced about $127.8 trillion of wealth (GDP). 

Categories
Economics

What percent of economists support protectionist tariffs?

0% of economists expressed support for tariffs in a recent poll.