Tag: predictions

Financial Predictions for 2014: I Predict They Will be Mostly Useless

T’is the time of year when the financial media outlets — both lay and professional — are chock-full of stories about what 2014 will bring. Should you listen to them? I’ll start off with a blanket response to that question of nyet, and soften it only if you promise to […]

Free Money: How the Free Money of Medicaid Expansion is Better than the Free Money of a 401k Match

Never turn down free money, you hear people sometimes say, right? And if free money were a more common thing, why, then you’d hear it said a whole lot more, but it ain’t (because, you know, TANSTAAFL and if-it-looks-too-good-to-be-true and such) so you don’t. But free money does in fact […]

The Problem with Trying to Predict the Future: Whooz t’ Know?

Today I awake to a report that growth of the GDP last quarter was anemic, at a 1.1% annual rate (3% to 5% is usually considered Goldilocksian just right, in the sense that too much growth can generate wicked inflation, and too little growth can feed on itself to generate […]