Category Archives for "Economy"

Ask Chuck: Understanding Inflation/Deflation

Dear Chuck, I’m new to investing and don’t really understand the ramifications of inflation and deflation. I would like to position myself to minimize loss regardless of what happens. Any tips? Novice Investor  Dear Novice Investor,  I am not a professional investment advisor but can give you some Biblical financial principles that will help you […]

The Presidential Election and the Worst-Case Scenario for Investors

I grew up with a generalized investing philosophy espoused by my grandfather: invest during a Democratic administration (market down), sell during a Republican administration (market up). Since I am going to write about what I think is the worst-case scenario for investors post-November 3, 2020 when the nation selects its next President, I decided to […]

Ask Chuck: Universal Basic Income Explained

Dear Chuck, Can you explain the concept of Universal Basic Income? It seems more like a Robin Hood plan than good economics.  Concerned Taxpayer    Dear Concerned Taxpayer,  Universal Basic Income (UBI), known by many other names, is defined by its most ardent supporters like this: “It is a regular income paid to everyone without […]

UBI – The Promise and Peril of Universal Basic Income

What is Universal Basic Income (UBI), you might ask? Although known by many other names – citizen’s income, citizen’s basic income, basic income guarantee, guaranteed annual income, or universal demogrant –this is how its most ardent supporters would answer that question: “It is a regular income paid to everyone without any conditions. Everyone would automatically […]

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