U.S.-based multinational financial institution JPMorgan Chase & Co. has announced it will lift its ban on hiring individuals due to their unvaccinated status against COVID-19. In a memo obtained by Bloomberg News, JPMorgan said it will also…
The Fed Just SPED UP the Taper, Ignoring…
The Fed just announced they are speeding up the pace at which they are reducing their asset purchases. Further, they are currently planning on hiking interest rates 3 times during 2022. This communicated extreme confidence…
Can Elon Musk Sell 10% of $TSLA without…
Elon Musk recently ran a poll on Twitter asking his audience if they wanted him to sell 10% of his shares in Tesla. The results and his pledge to honor the poll indicate that he…
The Cost of Money
The cost of money is arguably the most fundamental, the foundational issue that lies at the root of all economic problems. This is because the price of money is what influences economic calculation. If correct…
Heresy Financial: Zillow Dumping Thousands of Homes in…
Zillow has been making headlines due to the thousands of homes they bought at prices much higher than what they can sell them for. Many people are asking themselves whether this is a sign of…
Animal Fries: A Story about Profit, Economics, and…
Lessons about economics are all around us, including the pricing of menu items at the best burger restaurant in existence. Because at first glance, it is not apparent why certain pricing decisions are made. And…
Get Ready For Taxes On Unrealized Gains
Recently there has been a scramble in Congress to make it look like they have figured out a way to fund the trillions of dollars they are planning on spending. One proposed solution is to…
Boeing Says Unvaccinated Workers Will Be Terminated
Boeing sent an internal message to all of its U.S. employees on Tuesday announcing that they must either get vaccinated against COVID-19 or face termination. The aircraft maker said that employees will have until Dec.…
Heresy Financial: Yellen Urges Congress AGAIN… Time is…
Yellen went before Congress yet again to plead with the politicians to either suspend or raise the debt ceiling. With a month left to go before emergency measures run out, the day of the United…