money

Debt Repayment vs Saving Smackdown

28 February 2011

There is a big debate out there of whether it is better to save first or pay down your debts first.
Pay Debt
Your highest priority should be paying down your debt especially your credit cards and other adjustable rate debt. It should be obvious to everyone that inflation is here, even if it isn’t reflected in [...]

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Preparing for 2011

5 January 2011

We’re getting ready for 2011 and one of the most important tools for us are setting up our systems for the year. There are only three resources that people have that need to be managed: Time, Energy and Money.
This post is about tracking and managing two of them: Time and Money
There are two main parts: [...]

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How To Prepare For Inflation

8 November 2010

Now that the Fed has monetized our debt we can see a few things that happened because of it and the trends that are continuing.
Gold prices spiked because of it. Prices for basic commodities in general are rising, look at corn, wheat and sugar. It seems to me that inflation is more likely then deflation at [...]

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Gambling with Other People’s Money | Mercatus

29 April 2010

Gambling with Other People’s Money | Mercatus: “In this paper, I argue that public-policy decisions have perverted the incentives that naturally create stability in financial markets and the market for housing. Over the last three decades, government policy has coddled creditors, reducing the risk they face from financing bad investments. [...]

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Debt: The first five thousand years – The Long Now Blog

28 April 2010

Debt: The first five thousand years – The Long Now Blog: ““Societies” are really states, the logic of states is that of conquest, the logic of conquest is ultimately identical to that of slavery. True, in the hands of state apologists, this becomes transformed into a notion of a more benevolent “social debt”. [...]

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The Better Bankruptcy Bureau – Megan McArdle

13 May 2009

The Better Bankruptcy Bureau – Megan McArdle: “Most people underestimate just how economically valuable the rule of law is. A roughly stable investment environment that doesn’t maximize social justice is undoubtedly better than an unpredictible one that tries to–just as the billions of poor people who live in states that have tried to exchange the [...]

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“Aristotle’s Choice Of Money Revisited” by John Lee. FSO Editorial 05/01/2009

12 May 2009

"Aristotle's Choice Of Money Revisited" by John Lee. FSO Editorial 05/01/2009: “Money is anything that is generally accepted as payment for goods and services and repayment of debts. The main uses of money are as a medium of exchange, a unit of account, and a store of value.”
he has a graphic that shows the relative [...]

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