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Archive for the category “Economizing”

17 May 2013

Why You Can’t Find a Job

Are you a college graduate fed up with the uncertainty and stress of the job hunt? Have you been sitting in Starbucks for days, sipping lattes and hopelessly sending out job application after job application? You’re certainly not alone. There are 11.7 million unemployed people struggling to find a job in America. Prof. Carrie Kerekes presents three reasons finding a job in today’s market is so difficult: a mismatch of skills, government regulations and uncertainty in the market.

 

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09 May 2013

Economic Bubble Will Burst

Pundit Dick Morris says the euphoric stock market bubble is destined to burst owing to the underlying drag in the economy, including stagnant property values and sluggish job creation. He warns to beware of an iceberg ahead.

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07 May 2013

What Is the Gold Standard?

Before 1974, U.S. dollars were backed by gold. This meant that the federal government could not print more money than it could redeem for gold. While this constrained the federal government, it also provided citizens with a relatively stable purchasing power for goods and services. Today’s paper currency has no intrinsic value. It is not based on the value of gold or anything else.

Under a gold standard, inflation was really limited. With floating value, or fiat, currency, however, some countries have seen inflation reach extremely high levels—sometimes enough to lead to economic collapse. Gold standards have historically provided more stable currencies with lower inflation than fiat currency. Should the United States return to a gold standard?

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02 May 2013

Citizens Against Crime

Only three sheriffs patrol Josephine County in Oregon, an area larger than Rhode Island, and those sheriffs only respond to life-threatening calls. To pick up the slack, residents formed Citizens Against Crime, and have begun patrolling the streets themselves. Sam Nichols and the other members of Citizens Against Crime strap on guns, turn on flashing lights mounted on their vehicles and keep an eye out for suspicious activity. H/T Reason.TV

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22 Apr 2013

Messy US Collapse Predicted

The Dollar Vigilante’s Jeff Berwick is back chatting about a myriad of economic and stock market-related issues with Cambridge House Live’s anchor Bridgitte Anderson. He predicts a messy collapse of the US economy a few years from  now, but says Japan could experience a massive upheaval even sooner. He recommends avoiding US investments, while otherwise diversifying, especially in precious metals.

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20 Apr 2013

Wisdom of My Butcher Father

Wayne Allyn Root’s father, David, was a blue-collar butcher. But Root says his father “was wise beyond his economic status in life. His wisdom of 40 years ago is still timely and points to the reasons for our economic crisis and decline today.”

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19 Apr 2013

How Low Will Gold Go?

As gold prices continue to crash, the question on everyone’s mind is “Will they go lower?” and if so, how much lower? RBC’s George Gero is here to tell us why he believes gold prices could definitely continue to drop lower.

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19 Apr 2013

European Union Doomed to Fail

“The European Union as we know it will not exist in 10 years, believe me,” says Barbara Kolm, president of the Austrian Economics Center in Vienna, Austria. While countries like Sweden have instituted successful reforms, according the Kolm, the high taxation, powerful unions and bloated bureaucracies in most European countries will lead to the collapse of the EU’s economy. Kolm’s advice to policy makers in the US? “Don’t become Europe.”

Kolm stopped by Reason’s LA studio to talk about the economic situation in Europe, the fate of the Euro and why America should not look to the Old World for financial advice.

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16 Apr 2013

Why the Debt is a Huge Drain

“Politicians are like criminals in Batman comics. They’re a superstitious, cowardly lot. And the minute that they know they’re going to lose elections because they’re spending too much money, they will find their inner cheapskate and start [spending less],” said Reason’s Nick Gillespie during his speech at the Reason Weekend event in Las Vegas.

In “5 Unacknowledged, Unexpected, and Unavoidable Facts about Government Spending and the Economy,” Gillespie says politicians such as President Obama and John Boehner are in denial. Influential economists like Paul Krugman and Lawrence Summers correctly diagnose debt as a problem even as they prescribe more debt as the cure.

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14 Apr 2013

What’s a Bitcoin?

Bitcoin is attracting the attention as a wildly volatile, all-digital currency. How does it work? How are criminals taking advantage of it? How risky an investment is it? The Wall Street Journal‘s Jason Bellini has “The Short Answer,” explaining the dynamics underlying the bitcoin market.

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