Archive for the ‘Economics’ Category

Share Nicely?

Posted: March 4, 2017 in Economics
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“Nobody is sharing.  It’s not the sharing economy.  It’s the Access Economy.” -Chip Conley

“The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.” -Henry Hazlitt

“Most people assume that if you know about investing, you must also know about economics, which is a related discipline.  But that’s completely untrue.  It’s analogous to thinking that someone who knows how to drive a car also knows how one works.  Economics is the study of how men go about producing and consuming; investing is the practice of allocating capital for maximum returns.” -Doug Casey

“…the world has been binging on debt like never before.

The International Monetary Fund reported last month that total nonfinancial-sector debt has ballooned to an all-time record of $152 trillion… while the global debt-to-GDP ratio has also soared to an all-time high of 225%, up from 200% just 14 years ago.

Worse, we’re seeing record debt at the government level, the corporate level, and the consumer level (via auto and student loans, in particular). The boom in corporate borrowing is especially concerning…

U.S. companies have already borrowed $1.4 trillion this year to date, according to data firm Dealogic. This is on pace to shatter last year’s previous all-time record of $1.5 trillion.

Unfortunately, most are using this money to refinance existing loans… buy back stock and pay dividends… and finance expensive (and often questionable) mergers and acquisitions. This will do little to help the economy. But it greatly increases leverage… and risk.” -Justin Brill

Business Drive

Posted: October 19, 2016 in Economics
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“If you don’t drive your business, you will be driven out of business.” -B.C. Forbes

“All of the perplexities and confusion and distress in America arises from the downright ignorance of the nature of coin, credit, and circulation.” -John Adams 1829

Economic Lifeblood

Posted: September 27, 2016 in Economics
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“Exchange is the lifeblood, not only of our economy, but of civilization itself.” -Murray N. Rothbard