What the H*ll is Money, Anyway?

Today I want to begin a multi-part discussion of money–what it is and what it isn’t. Imagine yourself on a remote island with tropical fruit growing all around you and more fish swimming along your shores than you could eat in a lifetime. The weather is warm all year-round and there are no mosquitoes. What …

Could You Survive a Volcanic Eruption?

Be glad you’re not living near Mt. Vesuvius in in 79 AD. Today in 2018, if you’re anywhere near a volcano and you’re even mildly paying attention, you’ll know when to leave town. Unlike so many other disasters that might strike, being inundated by volcanic ash is not what you should worry about if you …

Beware the Pump and Dump

In the old days, way back before Al Gore invented the Internet, stocks, shares of company ownership, were sold through brokers. They had nice offices in A-list business-district buildings. Stock brokers wore suits and ties. They sat behind walnut desks and smoked expensive cigars (Yes! Even in the office!). Clients would meet with them face …

Could You Survive a House Fire?

Could you survive a house fire? According to the National Fire Protection Association, In 2015, there were 1,345,500 fires reported in the United States. These fires caused 3,280 civilian deaths, 15,700 civilian injuries, and $14.3 billion in property damage. http://www.nfpa.org/news-and-research/fire-statistics-and-reports/fire-statistics/fires-in-the-us 501,500 were structure fires, causing 2,685 civilian deaths, 13,000 civilian injuries, and $10.3 billion in …

Could You Survive a Hurricane?

Hot on the heels of tornado season comes hurricane season. It seems circular wind tends to create problems for us humans. Strictly speaking, a hurricane is defined as any tropical or subtropical storm with sustained winds above 74 mph. (Why they didn’t round up to 75, I have no idea.) Hurricane “season” begins in June …

The Spanish Empire Redux?

One of my hobbies is reading, and specifically reading history. I find the parallels of historical events to life in today’s world fascinating. We’ve all heard that history repeats itself. Others say it doesn’t exactly repeat, but it rhymes. Either way, there is nothing new under the sun and we can better understand our own …

Normalcy Bias

I read an interesting article the other day that addresses one of the main problems with, first, preparing for an emergency situation and, second, actually responding when we’re in one. That’s a thing called “normalcy bias.” We operate mentally, psychologically, and physically in an assumed state of normalcy. Well, sure, of course we do — …

Dig Your Well Before You’re Thirsty

It’s back to financial and economic news today. Maybe I should say money news—economics is boring but everyone likes money. Paul Krugman said in a recent column that he’d like to hear some major apologies from all those politicians and economists who predicted massive general price increases from the inflation of the money supply since …

Could You Survive a Tornado?

You may not live in Tornado Alley, but don’t think it can’t happen to you. Tornadoes have occurred in all fifty states of the United States. However, when considering what types of weather and other natural disasters to be best prepared for, those who live in the part of the United States where tornadoes happen …

What’s Wrong with Capitalism?

I had a question from a reader the other day. You may have thought the same thing. To wit, “You say you’re an unabashed capitalist, but your articles pan the financial industry and the way business operates in these United States.” What’s up with that? I’m glad you asked. Before any large enterprise can begin, …