Posts ByKevin D. Freeman, Author at Affluent Christian Investor
Falling Interest Causes Falling Profits
Most people assume that prices move as a result of changes in the money supply. Instead, let’s look at the effect of changes in interest. To start, consider a hamburger restaurant. Suppose that the average profit in the burger business … Read More
Another “GLITCH?” ETF Failure Hit the Markets and Hints at Financial Terrorism
Last month, the New York Stock Exchange froze. The same day, United Airlines was grounded. And The Wall Street Journal website went offline. Two days later, TD Ameritrade had a serious outage. We were told it was “just a glitch” in … Read More
Russia, China, Iran, and the Dollar as Reserve Currency – Part Four
We have long discussed the threats against the dollar as well as dire predictions that the dollar would lose its reserve currency status. But historically, it has been the position of the U.S. Treasury and U.S. State Department that the dollar … Read More
Russia, China, Iran, and the Dollar as Reserve Currency – Part Two
Last week China shocked traders with a surprise devaluation of the Yuan, sparking fears of a currency war. Many had believed that September would begin a move to make the Chinese Yuan the primary reserve currency for the world, displacing … Read More