Fiat Empire
Here is a fact that may surprise you. The Federal Reserve is, in fact, not a Federal agency and has absolutely no reserves. The closest thing to “reserves” that this private corporation has is a printing press. Alarming, no? As entrepreneurs, it is important to have an understanding of economics and how the economic system works. Having a general idea is better than being in the dark, but having a more detailed understanding can help you position your company better, strategically set your company up to be more protected, and utilize the system to your advantage.
The Secret of OZ
Understanding economics, even in a broad context, is an important skill for entrepreneurs and business owners. The history of economics is really the history of societies and how they grew and collapsed. An interesting perspective to take. The Secret of Oz This documentary tells the history of money from Rome through to current day, in [...]
Expansion for Service Sector- A Sign of Recovery?
In an article on CNN Money, author Ben Rooney wrote that the nation’s service sector expanded this past September for the first time in more than a year. It is a known fact that the services sector makes up nearly 80% of the economic activity in the United States. If looking at the big picture, [...]
