Judging by the behavior of politicians in Washington you would think that the United States is a country ascendant, with decades of rapid growth ahead of it and ready to take its place on the world stage as a leading nation. Instead the US is an empire in decline, living off its past glory, riven […]
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While beef may have a great reputation for quality steaks, and chicken often gets the nod in clean, heart-healthy meals, pork often goes ignored. It really is the “other white meat,” coming in a distant third on many people’s menus. Aside from bacon, which has seen renewed popularity in recent years thanks in part to […]
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The US dollar has been the world’s reserve currency since the end of World War II and the establishment of the Bretton Woods system. But the Bretton Woods system failed by the late 1960s and early 1970s, bringing us to our current system of fiat floating currencies. For nearly 50 years the dollar’s reserve currency […]
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If you’ve been a gun owner for long enough you’ve probably made at least one gun purchase that in hindsight you wish you hadn’t made. It can be awfully tempting in the heat of the moment to spring for something that a few months down the road you realize isn’t all it was cracked up […]
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President Trump recently appointed former Republican Presidential candidate Herman Cain to the last open slot on the Federal Reserve’s Board of Governors. But while most people remember Cain as the former CEO of Godfather’s pizza and the developer of the 9-9-9 Plan (9% personal income tax, 9% federal sales tax, 9% corporate income tax), far […]
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Social media has come in for a good deal of flak recently, from complaints about securing user data, allegations that firms were oblivious to Russian use of social media to influence elections, to concerns that social media is enabling the spread of hateful and anti-social rhetoric. In response, embattled Facebook CEO Mark Zuckerberg recently called […]
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Investors have seen unprecedented behavior in stock markets over the past three years, with a massive bull run resulting in two different stock market highs and the Dow Jones getting awfully close to a third top. But the Dow can’t seem to break above the 27,000-point barrier, which indicates that we’re at a market peak. […]
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It’s no secret that the cryptocurrency boom that catapulted Bitcoin past $20,000 a couple years ago brought quite a few investing neophytes into the cryptocurrency ecosystem. At a time when prices seemed to be doubling every month, it seemed that the sky was the limit and that all you had to do was buy Bitcoin […]
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Perhaps the most perplexing part of the current stock market rally is that it just doesn’t want to break. The Dow Jones reached two record highs last year, both early and late in the year, with major falls coming after both highs. Yet here we are again with the Dow still only a few hundred […]
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The Barber series of coins that circulated in the United States from 1892 to 1916 were among the most criticized coin designs in US history. Characterized as lacking in beauty and imagination, the US Mint set plans in motion to replace the designs for the dime, quarter, and half dollar as soon as the 25-year […]
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