With an initial drop of around 500 points Friday, I have begun to reflect back on the real causes of this economic crisis. Don’t miss understand me, I am well aware of the bad mortgages which several banks wrote, as well as the collapse of the derivative market. However, let’s look closely at the reasons [...]
We’ve talked about how the inflation rate affects just how much of your money you actually get to save. We’ve also discussed how easy it is to actually lose buying power (money) using the Fisher Equation. Now all that’s left is to remedy the problem. How can you avoid losing money if simply saving won’t [...]
