. . .

Month: February 2021

A powerful explanation of America’s current economic dilemma

http://charleshughsmith.blogspot.com/2021/02/trapped.html The first market shadow nationalized was the mortgage market, the foundation of the housing market. After Wall Street’s epic swindle (subprime mortgages) imploded in 2008, the Fed printed trillions of dollars out of thin air and bought hundreds of billions of dollars in mortgages. The federal government nationalized the quasi-governmental mortgage issuers Fannie Mae […]

Used Vs New Car: Pros Of Both

Buying a car is one of the significant milestones in an adult’s life. Aside from its practical uses, it’s also considered a substantial investment. This is because it allows you to get a partial return on the amount that you spent for it initially. The biggest question, however, is whether you should buy a new […]

“It poisoned the German people by spreading among all classes the spirit of speculation”

Thanks to @tuurdemeester, a quote from an analysis of the Weimar inflationary depression: The inflation retarded the crisis for some time, but this broke out later, throwing millions out of employment. At first inflation stimulated production because of the divergence between the internal and external values of the mark, but later it exercised an increasingly […]

Highlights from Layered Money by Nik Bhatia

An easy to read tour through the history and evolution of money types (from gold coins to today’s fiat paper notes), presented through a useful framework of money layers (that together form a pyramid). Amazon Kindle. Here are some of my favorite highlights (copied verbatim): — In the second century under the rule of Marcus […]

Are Some Trailers Better Suited For Certain Items More Than Others?

Cars and SUVs are great for carrying people and small loads such as groceries or small appliances. But, when you’re packing for a weekend getaway with half of your house in tow to feed, clothe, and amuse five kids, you know you need more than your trunk.  Or maybe you got this new boat and […]

Serbia. Renault outperforms (+16.2%) a market affected by the pandemic (-23.3%)

Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */table.MsoNormalTable{mso-style-name:”Tabella normale”;mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-priority:99;mso-style-parent:””;mso-padding-alt:0cm 5.4pt 0cm 5.4pt;mso-para-margin-top:0cm;mso-para-margin-right:0cm;mso-para-margin-bottom:10.0pt;mso-para-margin-left:0cm;line-height:115%;mso-pagination:widow-orphan;font-size:11.0pt;font-family:”Calibri”,”sans-serif”;mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin;} Serbian auto market in 2020 falls by 23.3% as the pandemic and lockdowns affect sales. Full-Year sales have been 26.241, while Renault is the only brand in the leaderboard to report growth by rising 16.2%. Economic Environment The economy […]

7 Reasons Why Insurance Rates Increase After a Car Wreck

Getting into a car accident is stressful enough for your health and overall well-being. But did you know that it may also warrant an increase in your insurance rates? Bet that just added to your stress levels. There are already multiple factors that can affect your car insurance, but apparently, here’s a few more. Read on to […]