Yesterday the Federal Reserve announced a change in strategy and the big question – will it trigger a decline in stocks, collectibles, art and real estate markets? It’s certainly goodbye to record low interest rates as they announced 4 rate increases to the end of 2018. Mike says pay attention, something big is in the air.

….related from Michael: The Fed Announces a Game Changer

If you get a high school education, wait until 21 before marrying or having a baby, and work full time you’ve only a 2 % chance of living in poverty, and a 70% chance of earning $55,000 plus. To bad our school system doesn’t tell our children about these positive consequences. Even worse children aren’t told in school the extremely negative consequences of breaking 1, 2, or all 3 of the rules. 

…..also from Michael: Economics Is The Study Of Incentives

When the BC Government lowered Tolls on 3 Bridges the volume of traffic boomed. This should reminds politicians that if you want fewer jobs all you need to do is raise taxes and increase regulations. President Trump’s major tax reductions, if they go through, would be a major positive incentive for economic growth.

….also from Michael: The Pattern is Set – Deficit Spending Is Now Normal Practice