Inflation: What it is and How to Survive It

While mass media tend to call any increase in prices “inflation” the definition of inflation is simply “the decline of purchasing power of a given currency over time.”(1) Economist Milton Friedman explained: “Inflation is always and everywhere a monetary phenomenon,...

How to Make Extra Money

Lessons with money. When I was young, I was terrible with money. I never had enough. I always owed somebody something. I didn’t save. As soon as I earned money, I spent it right away. Oh, if I knew then what I know now…. You can avoid the mistakes I have made. I never...