Desperate Times Produce Desperate Thinking

October 12, 2011

Harvard economist Ken Rogoff warned against using inflation to solve the debt problem, then changed his mind. He was right the first time.

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Bank of Mom and Dad Offers Great Rates

August 16, 2010

Banks are being criticized both for insufficient lending and for making too much profit. While some of these claims are dubious, there is one bank indisputably offering ultra-low rates with potentially high lending capacity: the Bank of Mom and Dad. Loaning money to children, whether adolescents or adults, is a valuable way to increase family wealth, provide opportunity and avoid burdensome gift and estate taxes. With interest rates and asset …

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