Tag: Economy

💲 Money Creation | How does it work?

💲 Money Creation | How does it work?

Money creation: described by many as the biggest scam in the history of mankind; for others it’s a blessing and a driving force of the economy. For John Maynard Keynes it was a process that “engages all the hidden forces of economic law on the side of destruction, and does it in a manner which …

How America’s Marginal Tax System Actually Works

How America’s Marginal Tax System Actually Works

This was the Internet’s reaction to Alexandria Ocasio Cortez’s proposed tax increase. Ocasio Cortez has suggested a 70 percent tax on the super rich to pay for the new Green Deal. But it means that as you climb up this ladder, you should be contributing more. There’s a lot of conflicting opinions out there and …

9 Things Poor People DO That Rich People DON’T

9 Things Poor People DO That Rich People DON’T

Do you want to be a millionaire or a billionaire you may think the only thing that differentiates a poor person from a rich person is working hard but according to many millionaires and billionaires that’s just not the case after all there are many hard-working janitors out there but there are some crucial things …

YouGov Affluent Perspective 2017: The Commoditization of Quality

YouGov Affluent Perspective 2017:  The Commoditization of Quality

♪♪ I’m Cara David with the Affluent Perspective on quality as a differentiator. It goes without saying that the affluent want the best quality product or service their money can buy – millennials, boomers, Europeans, most everyone. The catch is that quality has become so commoditized that the affluent are looking to other criteria to …