Business & Finance

Weaponizing the dollar

Ironically, the US itself can weaken the world role of the dollar by unrestrained budget deficits (although the mechanism is uncertain) and certainly by overusing economic sanctions as a form of warfare. Sanctions involve ending a country’s direct links with the US economy, and indirectly by limiting its use of the dollar. We can cut off its use of US financial institutions and urge foreign banks to do the same by threatening their access to US financial facilities. Our weakening of the Iranian economy indicates that economic sanctions can be quite effective. The natural way for a sanctioned country to respond is to seek other currencies with which to do business and use financial institutions without links to the US. If the US does a lot of this, a critical mass of “sanctioned” countries might find a common new currency for their international transactions. The Chinese Remindbi comes to mind. The dollar’s world role would be greatly reduced. [Lawrence Krause, PhD]

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Business & Finance, International, Middle East, USA

Our Shtetl San Diego County: September 25, 2019

Items in this column include: 
*A few of Bern Schwartz’s works now at Museum of Photographic Arts
*Jewish Federation’s Men’s Event Dec. 8 to feature comedian Modi Rosenfeld
*Political Dots and Dashes
*Cohn Group of Restaurants to temporarily manage four more eateries
*Mazel tov! Mazel tov!

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Business & Finance, Donald H. Harrison, Music, Dance, and Visual Arts, San Diego County, Sports & Competitions, Theatre, Film & Broadcast, Travel and Food

Why Should You Want Help with Your Financial Planning

There are many different aspects of financial planning, from retirement planning, to employee benefits, to ensuring your estate and assets are properly protected. It’s a lot to manage all on your own. In this post, we’ll talk about the value of having a financial advisor to consult, and the criteria you can use to ensure you are choosing the best person (or people) for the job.

More and more, we are seeing financial planning companies offering a service known as “robo-advising.”

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Business & Finance, Sheryl Rowling

The top four new tax law surprises

By Sheryl Rowling SAN DIEGO –We recently completed the first tax season since passage of the Tax Cuts and Jobs Act. There were sweeping changes and most taxpayers experienced many unforeseen surprises. Rather than lament,  we should learn from these surprises and turn them into planning opportunities for the future. Let’s  look: Surprise #1: Many

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Business & Finance, Sheryl Rowling, Travel and Food, USA