23 Sep,2022 | Forbes - Small Business, Leadership
The Federal Reserve is in the spotlight again this week with another interest rate hike to try and squash the inflation beast. Prices are rising just over 8% year-over-year, while wages are rising at a 5% annual rate, a losing proposition for workers and...
9 Sep,2022 | Forbes - Small Business, Leadership
How does Federal Reserve policy impact small business? Most obvious is the Fed’s control of interest rates. The interest rates on loans reported by small firms are perfectly correlated with the rate on 10-year Treasury bonds. The Fed also controls the rate it pays on...
8 Sep,2022 | Forbes - Small Business, Leadership
Inflation seemed to come out of nowhere, one moment the inflation rate is 1% and change, and then it ramped up to 40-year high levels, looking like a replay of the 1970s and early 1980s.
23 Aug,2022 | Forbes - Small Business, Leadership
If you are trying to understand the Administration’s policies and goals, this may give you a clue. Asked about how ordinary people were doing with record high gas price, top Biden Advisor Brian Deese responded: “This is about the future of the Liberal World...
15 Aug,2022 | Forbes - Small Business, Leadership
Inflation is the most insidious and unfair tax our government imposes on society, ruthlessly attacking the economic status of the smallest, weakest members who have no way to protect themselves.