Category: Finance

The dangers of hyper-inflation

Zimbabwe is getting rid of their currency and switching to use the US dollar. Residents of Zimbabwe can exchange their currency at a rate of 175 quadrillion Zimbabwe dollars in exchange for $5 US. Just to see it in numbers:…

Statistics lie

Statistics can be misleading. When drug companies market their products, the actual benefit message is not always as good as the glowing endorsement. While drug companies endeavor to do good (find new medicines/cures/therapies), they are tasked with selling their products.…

What I would ask Janet Yellen

Janet Yellen has been nominated to become the next chairperson of the Federal Reserve. She will appear before the Senate Banking Committee on Thursday at which time she will be asked about her views on the economy, quantitative easing, fed…