For those of us in the financial world, Black Friday has a strong negative connotation, referring to a stock market catastrophe.
Mark SkousenOne suggestion my wife and I have used in our personal finance courses we teach at college is simply writing down all expenditures and seeing where the money goes. That alone will cause heads of households to think twice about x, y or z expenditure, and to consider carefully whether they really need something or not.
Mark SkousenIn the early 1980s, I burned my Social Security card at the New Orleans Investment Conference in protest of the state pension system.
Mark SkousenBack in 1960, the paper dollar and the silver dollar both were the same value. They circulated next to each other. Today? The paper dollar has lost 95% of its value, while the silver dollar is worth $34, and produced a 2-3 times rise in real value. Since we left the gold standard in 1971, both gold and silver have become superior inflation hedges.
Mark Skousen