The bottom line: During good times, the fixed exchange rate policy of euro area countries and others with pegs to the euro helps promote trade and integration. However, during a boom, a fixed exchange rate makes it hard to avoid dangerous overheating and bubbles. When a crisis comes, a ...
There can never, it is said, be a want of buyers for all commodities; because whoever offers a commodity for sale, desires to obtain a commodity in exchange for it, and is therefore a buyer by the mere fact of his being a seller. The sellers and the buyers, for all commodities taken...
The part of the bargain sale that is a sale or exchange may result in a taxable gain. For more information on figuring the amount of any taxable gain, see Bargain sales to charity in chapter 1 of Pub. 544. Part that is a charitable contribution. Figure the amount of your charitable ...
I'll form it out of a batting order of twelve (which I will change from time to time), plus occasional guest stars: the twelve people who I would most wish to have on a weekly political magazine's staff, plus the most interesting outside pieces that I would wish to have solicited. ...
Could conservatives do better by agreeing to accept some of the taxes in exchange for removing the cake earlier and replacing a part of future tax increases with personal accounts? The answer of the high priests is "no," which is puzzling given that their choices would only worsen over time...