Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/price discovery

Again, on tariffs and inflation

…and exclaim, “inflation is rising!” But that would be incorrect. All we are talking about is shoe prices—a relative price increase—not a persistent increase in the rate of price increases across the…

…The income tax owed on long run (held over 2 years) capital gains is 20%*(sale price – purchase price). When stock is donated, the giver is allowed deduct the market…