Money

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Money

Where Money Comes From

10 Years After the Financial Crisis, Does the U.S. Still Have a Debt Problem?

By: Tim Hayes Financial Advisor - posted in: Economy, Markets, and Interest Rates - Last updated Apr 3, 2019

Yes. The amount of debt today is higher than it was before the financial crisis. Before the Great Recession, the total debt in the U.S.—that is, government, business and personal debt combined—was $53 trillion. At the end of 2017, it had increased by 28% to $68 trillion.

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Bitcoin the Future of Money or a Novelty?

Can Tax Cuts Stimulate the Economy?

By: Tim Hayes Financial Advisor - posted in: Economy, Markets, and Interest Rates - Last updated Apr 3, 2019

President Trump’s tax proposal has four goals: (1) to “make the tax code simpler,” (2) to “give employees a raise” by reducing their income taxes, (3) to “level the playing field” by cutting taxes on American companies, and (4) to provide incentives for businesses to “bring back” the $2.5 trillion of cash they hold overseas

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