We have historical precedence for high inflation and high interest rates in the U.S. economy, but never with the current combination of government debt, money supply, quantitative tightening, demographics, inflation and interest rates. Since the Fed’s rate cut, many policymakers have given speeches and interviews, with some clearly supporting further rapid cuts and others taking…
Продолжить читать...What is the Purpose of a Holding Company?
Starting a holding company can be a complex process—and there’s more to it than can be included in this short article—so finding local advisers who are experienced in forming these kinds of business entities is vital. Also called a “parent company” or an “umbrella company,” a holding company has some managerial oversight over the companies…
Продолжить читать...Fiat vs Representative Money: What’s the Difference?
The US Dollar, Euro, British pound, and Yen are all examples of fiat money backed by an issuing government. You’ve probably heard the expression, “Backed by the full faith and credit of the US government,” in reference to the dollar. Its value is based on people’s trust in the authorities that issue it. In modern…
Продолжить читать...FIFO vs LIFO Inventory Valuation
These technological solutions streamline inventory tracking, automate FIFO calculations, and provide real-time visibility into your inventory levels. Choose a software solution tailored to your business needs and scalability requirements to maximize the benefits of FIFO implementation. With FIFO, you would sell the t-shirts in the order they were purchased or received. Businesses using the LIFO…
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