Financial Independence (FI) means not needing to work for money. The core concept is to increase your savings rate and buy assets that provide a stream of passive income.
Economics For Dummies: Book + Chapter Quizzes Online
Learn the basics of economics and keep up to date on our ever-changing economy
Whether you’re studying economics in high school or college, or you’re just interested in taking a peek into the complexities of how money moves, Economics For Dummies is the go-to reference that transforms complex economic concepts into easy-to-understand reading. With the simple explanations in this book, you’ll master key topics like supply and demand, consumer behavior, and how governments and central banks attempt to avoid―or at least ameliorate―business downturns and recessions. Plus, you’ll learn what’s going on these days with inflation, interest rates, labor shortages, and the Federal Reserve. Studying for an exam? This Dummies guide has your back, with online practice and chapter quizzes to help you get the score you need. It’s time to recon econ, the Dummies way.
- Get a grasp on the unchanging fundamentals of economics
- Dive into behavioral economics and consumer decision making
- Learn what drives economic growth and inequality
- Solidify your knowledge with practice questions and quizzes
- Economics For Dummies is an approachable reference book for students, as well as an informative guide for anyone interested in learning more about today’s economy.
You can find mention of this book on Youtube, Scribd, and other websites.
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Read More
An Inquiry into the Nature and Causes of the Wealth of Nations
The book offers one of the first accounts of what builds nations' wealth. It has become a fundamental work in classical economics, and has been described as "the first formulation of a comprehensive system of political economy". Reflecting upon economics at the beginning of the Industrial Revolution, Smith addresses topics such as the division of labour, productivity, and free markets.
The Wealth of Nations was the product of seventeen years of notes and earlier studies, as well as an observation of conversation among economists of the time (like Nicholas Magens) concerning economic and societal conditions during the beginning of the Industrial Revolution, and it took Smith some ten years to produce. The result was a treatise which sought to offer a practical application for reformed economic theory to replace the mercantilist and physiocratic economic theories that were becoming less relevant in the time of industrial progress and innovation. It provided the foundation for economists, politicians, mathematicians, and thinkers of all fields to build upon. Irrespective of historical influence, The Wealth of Nations represented a clear paradigm shift in the field of economics, comparable to what Immanuel Kant's Critique of Pure Reason was for philosophy.
Five editions of The Wealth of Nations were published during Smith's lifetime: in 1776, 1778, 1784, 1786 and 1789. Numerous editions appeared after Smith's death in 1790. To better understand the evolution of the work under Smith's hand, a team led by Edwin Cannan collated the first five editions. The differences were published along with an edited sixth edition in 1904. They found minor but numerous differences (including the addition of many footnotes) between the first and the second editions; the differences between the second and third editions are major. In 1784, Smith annexed these first two editions with the publication of Additions and Corrections to the First and Second Editions of Dr. Adam Smith's Inquiry into the Nature and Causes of the Wealth of Nations, and he also had published the three-volume third edition of the Wealth of Nations, which incorporated Additions and Corrections and, for the first time, an index. Among other things, the Additions and Corrections included entirely new sections, particularly to book 4, chapters 4 and 5, and to book 5, chapter 1, as well as an additional chapter (8), "Conclusion of the Mercantile System", in book 4.
The fourth edition, published in 1786, had only slight differences from the third edition, and Smith himself says in the Advertisement at the beginning of the book, "I have made no alterations of any kind." Finally, Cannan notes only trivial differences between the fourth and fifth editions—a set of misprints being removed from the fourth and a different set of misprints being introduced.
You can find mention of this book on Wikipedia, Standardebooks, Librivox, Youtube, Bitchute, and other websites.
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Read MoreThe Black Man's Guide Out of Poverty: For Black Men Who Demand Better by Aaron Clarey
If you're a black man and have had enough and want more out of life then please consider "The Black Man's Guide Out of Poverty". Not just a book on personal financial management, "The Black Man's Guide Out of Poverty" is specifically tailored towards the plight of black American men. It addresses the sociological, economic, and political forces that hold them down. It shows you the path out of poverty. It lays out the road map towards a better life. And makes sure your one and finite life is a happy, well-lived one.
Demand a better life than what politicians and society PERMIT you to have. Read "The Black Man's Guide Out of Poverty" and truly set yourself free.
You can find mention of this book on Youtube and available through online libraries like libgen.
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Read MoreHow an Economy Grows and Why It Doesn't
"Irwin A. Schiff, America's leading expert on the Federal Income Tax, presents economics in his thoroughly informative, yet always entertaining manner; proving that the only thing -dismal- about the "dismal science" must be those who normally teach and write about it. Without a doubt, anyone reading Schiff's hilarious allegory will have a far better understanding of economics than many who have pursued the subject full time at our nation's universities."
The comicbook is mentioned on Youtube, Bitchute, and available through online libraries like libgen.
#1985 #HowAnEconomyGrowsandWhyItDoesnt #IrwinASchiff #VicLockman #Comicbook #World #US #America #Books #Economics #Trade #Commerce #Productivity #Consumerism #Business #Money #Taxation #Government #Ideology #Ideology #Nationalism #Populism #Fascism #Baizuo #WhiteLeft #Atheism #Marxism #Socialism #Modernism #Internationalism #Communism #Feminism #Humanism #Conservatism #Progressivism #Globohomo #Globalism #Paganism #Freemasonry #RabbinicalJudaism #Satanism #MentalIllness #MoralIllness
Read MoreWanted to put some more money into my index funds today, but then I see they're all doing very well lately.
Anyone here know of any sort of public panic I should be paying attention to for the next couple of weeks? America, Europe, Asia, Africa, South America, doesn't really matter where.
My goal is to hit those little 5-10% drops (or more) that tend to follow bad news and uncertainties that make normies panic.
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Thanks mate, like the idea of the lists ;)
If we're unable to figure that a guy smart and disciplined enough to build $100k in savings over a handful of years may also be smart enough figure out how to use it, then it shouldn't be too hard for that guy to realize that those people were too stupid to offer advice worth the time to read.
BRICS has the potential to replace the USD as the world currency.
Considering it formed in 2010ish(?) it's a replacement option for the current competitor's collapse, not competition.
A new storm brewing in Residential RE. BlackRock and Vanguard appear to be unleashing a new scheme to push more owners out of homes so they can own them and rent them back to the previous owners or deeper pockets. They own big stakes in the biggest insurers. Many insurers have cancelled existing policies and stopped writing new ones in large geographic areas. Prices for policies are skyrocketing by hundreds of percent in many cases.
Mortgages REQUIRE the homeowner to carry property insurance as a condition of holding a mortgage. If your coverage lapses, the mortgage holder finds this out quickly and either buys lender-placed coverage at your expense that covers only the bank's interest in the event of a loss. In many cases they are not doing this at all but going straight to foreclosing on the mortgage and will end up taking the property.
People living in paid-off condos and HOA properties are getting HOA insurance costs passed on to them, and face losing their PAID OFF property by this scheme.
If you OWN property, pay careful attention to your insurance. If you're looking to BUY property, this is another reason to wait till a wave of insurance-driven foreclosures hits the market, and try to beat BlackRock at their game buying them up at a deep discount. Be sure to price insurance into your investments carefully, even if you're going in with all cash!
Read MoreUSA will be the last to collapse because they're currently the world currency.
BRICS has entered the chat
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