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Introduction to Commercial Real Estate Investing Part 3: Valuing Commercial Property
Introduction What most distinguishes an investment asset from a speculative asset is the comparison of price vs. appraised value. To an investor, the comparison of […]
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Introduction to Commercial Real Estate Investing Part 2 – The JOBS Act
Introduction In 2004, I accompanied a friend to a real estate networking event held at a local country club. As my friend and I made […]
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Introduction to Commercial Real Estate Investing Part 1
This essay series is about commercial real estate. But unlike many other books or blogs, my intent is not to show how great commercial real […]
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Money and Banking Part 8: The Global Financial System
The modern economy is highly globalized. Goods, services, and capital can flow between countries in a highly efficient manner. The price of a country’s currency […]
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Money and Banking Part 7: Interest Rates
Money is a commodity like any other and like other commodities, money can be lent by those with a surplus to those with a deficit. […]
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Money and Banking Part 6: Money and Prices
In a market economy, prices play a leading role in allocating scarce resources. Prices fulfill this function by conveying information to buyers and sellers about […]
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Money and Banking Part 5: Monetary Policy
In this post, we discuss monetary policy and the role that central banks play in a modern economy. Although our focus is primarily on the […]
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Money and Banking Part 4: Fractional Reserve Banking and Money Creation
In part 1 of this blog series, I referenced the famous bank run scene in the movie It’s a Wonderful Life. In the scene, a […]
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Money and Banking Part 3: The Evolution of the U.S. Monetary System
In this post, we provide a brief overview of the history of the U.S. monetary system and track its evolution towards our current monetary system. […]
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Money and Banking Part 2: Defining Money
In part 1 of this series, I discussed the bank run scene in the movie It’s a Wonderful Life. In the scene, the depositors at […]