There were a few questions that went beyond the scope of the trade deficit in the question Adam sent me, so I decided to wrap them up here, in a final article. If you want, you can read How to Solve the Trade Deficit Part I, Part II, Part III, and Part IV. You asked, "What starts the initial flow of money in an economy?" As I wrote a few days ago, money doesn't actually exist. It is an idea - a concept we use as humans to describe an exchange mechanism to trade one thing we have for … [Read more...]
I'm a private investor, author, and business philosopher who started with nothing and was essentially retired by my early twenties thanks to my first Internet startup. I went to school on a music scholarship and spend my days doing what I want and growing Kennon Green Enterprises, LLC, the family holding company. 
