bonds – Money and Medicine for Millenials

Interest Rates: Hot Housing and All-Time High Stock Market

I have often said in the past that if you can understand interest rates, then you can understand just about anything going on in the economy with regard to a macro-scale. In today’s world, this couldn’t be more true. Let’s take a look. Mr. Smith wants to buy a house. He has $250,000 for aContinue reading “Interest Rates: Hot Housing and All-Time High Stock Market”

Inflation

Inflation is one of the most important concepts that a person can learn about when it comes to economics. In a very simplified explanation, the inflation rate is the rate at which all prices in general are rising in a market over a period of time. Thus, when prices increase each dollar can buy less. Continue reading “Inflation”