The United States’ national health spending as a percentage of GDP hit an all-time high of 19.7% in 2020. In terms of GDP percentage, the United States has the greatest health spending among developed countries. The United States spends far more on health care, both public and private, than other developed countries. How much did […]
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To listen to the podcast, press play on the player above and follow along with the transcript below. In its current form, this transcript was created automatically and then edited for clarity. Between the audio and the text, there may be some discrepancies. Republican attempts to invalidate state-ordered congressional districting schemes in North Carolina and […]
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The US economy will have a recession, but not until 2022. More business cycles will result as a result of Federal Reserve policy, which many enterprises are unprepared for. The decline isn’t expected until 2022, but it might happen as soon as 2023. If the Fed manages to prevent a recession in 2023, expect a […]
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Investing in Inflation-Proof Assets What should you buy in advance of inflation? With food prices, there are a few simple strategies to prepare for inflation. I believe it is prudent to begin preparing now and purchasing items before you require them. This is what I’ve been concentrating on recently. In its most basic form, a […]
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When markets decline, many investors want to get out as soon as possible to avoid the anguish of losing money. The market is really improving future rewards for investors who buy in by discounting stocks at these times. Great companies are well positioned to grow in the next 10 to 20 years, so a drop […]
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The Inflation Theory proposes that the universe experienced a period of extremely rapid (exponential) expansion in its early beginnings. It was created about 1980 to explain a number of issues with the traditional Big Bang theory, which states that the cosmos expands slowly over time. What is inflationary universe theory, and how does it work? […]
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According to U.S. Labor Department data published March 10, the annual inflation rate in the United States was 7.9 percent for the 12 months ended February 2022, the highest since January 1982 and after reaching 7.5 percent earlier. On April 12, at 8:30 a.m. ET, the next inflation update will be released. It will provide […]
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Many workers, including those who have gotten raises, have discovered that their earnings aren’t enough to pay growing prices due to skyrocketing inflation over the previous year. Two-thirds of those who received raises received raises ranging from 1% to 5% of their wage, significantly below the current rate of inflation. Employees have the upper hand […]
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Inflation is defined as the rate at which prices rise over time. Inflation is usually defined as a wide measure of price increases or increases in the cost of living in a country. What is inflation, for instance? You aren’t imagining it if you think your dollar doesn’t go as far as it used to. […]
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Inflation and deflation are linked to recessions because corporations have surplus goods due to decreasing economic activity, which means fewer demand for goods and services. They’ll decrease prices to compensate for the surplus supply and encourage demand. Is there a lot of inflation following a recession? In the aftermath of the Great Recession, inflation was […]
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