Some people are rich long before they have money
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In the beginning of January last year we made a post about what we predicted will happen in 2009.
2009 is now over. Here is a look back to the predictions and how well we did.
1. The dollar will fall 20% or more against the Chinese yuan.
Verdict: WRONG! The Chinese yuan has staid on the [...]
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“Never make predictions, especially about the future.”
Casey Stengel
One of the worst things you can do is to predict the future. Your predictions will almost always be wrong and you will look like a fool. Looking back – you have no idea how you couldn’t even predict the simplest of things.
Regardless, here are the predictions of [...]
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Here is a fun and addicting game to all you money loving FinancialJesus.com readers.
In the Fed Chairman Game you are in charge or the national monetary policy of the US.
Your goal is simple – you must adjust the Federal Funds rate in order to keep the inflation and unemployment rate stable. This game makes you [...]
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You’ve probably heard about rising fears about inflations in the US and pretty much all the countries in the world. Current inflation in USA is about 4%.
How bad can it get?
Meet Zimbabwe
This Southern African country currently boasts inflation over 100,000%. What does this mean?
With inflation at 4% it takes 18 years for money to lose [...]
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