Exploring the Profitability of the FIFA World Cup: A Look at the Economic Impact of Soccer’s Biggest Event
The FIFA World Cup is the biggest event in international soccer, and it is also one of the most lucrative events in sports. The tournament generates billions of dollars in revenue, and it has a significant impact on the economies of the countries that host it. In this article, we will explore the economics of […]
The Growing Wealth Inequality in America: Why the Increase in Average Net Worth is Cause for Concern
It is no secret that the average net worth of Americans has been on the rise in recent years. In fact, according to a recent study, the average net worth of Americans in 2022 has reached an all-time high. This is great news for those who have been able to accumulate wealth, but for many […]
Inflation predictions for ending 2022 and into 2023
Inflation in 2022 has been relatively low, with the Consumer Price Index (CPI) rising by an average of 1.8% according to data from the Bureau of Labor Statistics. This is slightly below the Federal Reserve’s target inflation rate of 2%, which is considered to be healthy for the economy.
I am Inflation, Destroyer of Worlds: Poor and Middle Class Get Smashed by Inflation.
Inflation, inflation, and inflation. People tend to think that inflation merely means higher prices. Yet the type of inflation we are dealing with is extremely problematic. Inflation is running at a multi-decade high clip at 6.2% annualized and it may be even worse since the way we measure inflation is an imperfect science. Inflation punishes […]