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 […]

Ask Chuck: Will Social Security Go Broke?

Dear Chuck, I’m a recent college graduate with my first “real” job. With that comes paying into the Social Security System. My concern is whether or not there will be funds for me someday, especially in light of the recent deficit report.   Worried Millennial   Dear Worried Millennial,  First, I am impressed with a number […]