Author DM Celley

DMCelley

INFLATION: A FISCAL OR A MONETARY POLICY PHENOMENON

Inflation is a problem that we have most fortunately not had to deal with for over forty years.  The last great inflation took place in the 1970’s and reached double digits before being reined in by the Federal Reserve and the Treasury.  The influence of Nobel Prize winning economist Milton Friedman was prominent during the […]

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WAS THE UNITED STATES ENGAGED IN WORLD WAR II BEFORE THE ATTACK ON PEARL HARBOR?

On December 7, 1941, U.S. naval and military bases at Pearl Harbor in Oahu, Hawaii were attacked by Japanese Naval and Air Forces.  The next day, Congress declared war, sending the U.S. headlong into World War II.  But was the United States virtually at war before the attack? Neutrality Zone:  Although hostilities were taking place

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WHAT DO YOU KNOW ABOUT THE HYDROGEN ECONOMY?

The hydrogen economy is one of the best kept secrets of today’s climate change movement.  There are current uses for hydrogen and numerous future prospects, but it will take some technological improvements to put hydrogen as an energy source into the four corners of the economy. The question then becomes, what is the hydrogen economy,

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TIME: THE FORGOTTEN DIMENSION OF INVESTING

All investments, big or small, have three structural components:  the amount of money invested, the expected rate of return, and the time or duration of the investment.  Many investors, especially smaller, private ones, are familiar with the first two components, but don’t pay that much attention to the third one. The Time Value of Money: 

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WHAT’S BEHIND THE SUPPLY CHAIN BACKLOG?

The supply chains in the U.S. are clogged with merchandise enroute from foreign manufacturers to domestic distributors and retailers.  The consequences of this include record-breaking shipping rates, long queues of vessels that must wait over a week to reach a berth in U.S. ports, and logjams at railroad yards.  Most of these issues pertain to

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