Don’t make this expensive tax planning mistake: time travel
Tax law has replaced property prices as Australia’s favourite past time. But most of us are making a terrible mistake: using time travel to manage tax.
The Daily Reckoning Australia
Thrown Back to Earth
In July 2020, the real yield on Fed Funds loans was NEGATIVE 6%. And that was after 40 years of declining yields. The Fed was giving away money…and paying people to take it.
A prayer for the grandchildren
It’s all part of the great rhythm…the beat that goes on…and on…and on. Everything corrects. Everything regresses to the mean. From ashes to ashes…dust to dust.
THE CHINA CAPITULATION SERIES — PART 10 The War China Isn’t Winning
The conflict between US and Iran persists, opening a new chokepoint that both sides are fighting over. Meanwhile, oil has spiked but not to levels many thought it would. China is a key reason, but not because of its resilience…
What went wrong at IBM
What matters, at the end of the day, is cash. Either you have it or you don’t. Google, for example, is making more of it than any company in history — $112 billion in the last quarter.
Nobody Knows Anything
Wars are fundamentally inflationary; you don’t worry about the long-term damage done by money printing, not when you’re in a shooting war. You can’t even stop to wonder why you’re shooting at all.
