It’s a common question for new business owners to ask when they just want to ensure that they are doing things right: “What is a reasonable profit margin for a small business?” A profit margin is one of the many financial metrics used to evaluate a business, either for investment purposes, or for a business […]
What is Inflation Caused By, and How Do We Stop It? Inflation is a term used more often than ever in todays world. The economy today is much different than it was 100 years ago, and inflation is a bigger factor than it was then. The value of the American dollar just seems to continue […]
What is the Gold Standard? | History of the Gold Standard What is the Gold Standard? The Gold Standard is a monetary system where the value of a country’s currency is directly related to the amount of gold they have. What this means is that typically a country will have storage vaults for their gold, […]