Oil and commodities aren’t rising, rather the value of the dollar is in sharp decline. Money is a veil, and the real price of oil isn’t  rising much at all. Indeed, while the price of oil from 1975-79 increased 43 percent in dollar terms, the international global story was a great deal different. Over that sameRead more about Monetary Policy[…]

The United States may soon wind up with a distinction that makes business leaders cringe — the highest corporate tax rate in the world. But Nobody Pays That. American multinational corporations had become “world leaders in tax avoidance.” Topping out at 35 percent, America’s official corporate income tax rate trails that of only Japan, atRead more about Corporate Income Tax Rates[…]