Dear Dr. Dollar:
The Heritage Foundation, a conservative think tank, has a website that purports to present evidence that the wealthiest group of Americans historically pay more taxes than middle- or low-income folks. Their sources include the U.S. Treasury Department, the Office of Budget and Management, and the Ce
Dear Dr. Dollar:
During the course of a single day, a stock can go up and down frequently. These changes supposedly reflect the changing demand for that stock (and its potential resale value) or changing expectations of a company’s profitability. But this seems too vague to me. How can these factors be so volatile?
Dear Dr. Dollar:
The Federal Reserve keeps fussing with the “discount rate” and everybody thinks it’s important. This is, if I understand it right, the rate banks charge each other for overnight loans. Now presumably someone makes money on the interest that’s charged and someone loses money (or makes less) when the
Dear Dr. Dollar:
I am trying to figure out what propels corporations toward a compulsive expansion. I can think of the following: 1) Competition with domestic and foreign rivals; 2) need for markets; 3) need for raw materials; and 4) advanced technology requiring greater investments and thus greater profits. Would t
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