MaxArias Wharton

Max Arias of Wharton Business School Discusses Financial Literacy and Wealth Inequality

As the economy continues to erode, Max Arias of Wharton Business School discusses how gaining an early education in finances helps promote savings while reducing disparities in wealth accumulation, with a clear explanation of why stimulus payments might not be inflationary, and whether the U.S. should use adversarial monetary policy against China as reparations for the C virus economic impacts.

Exploring the wealth inequalities present in the U.S., Max Arias of Wharton Business School finds that “inflation only occurs when disposable income and aggregate spending habits of people in an economy increase, supporting higher prices for products and market wages, or when the value of a currency depreciates relative to others.”

Through a study done on wealth disparities and how it has been affected by the pandemic, Max Arias of Wharton Business School found that financial literacy initiatives might be the best way to combat intergenerational wealth disparities in disadvantaged communities, with data indicating macroeconomic consumption ratios are decreasing and the savings ratio increasing. Additionally, U.S. investments are seen as safer than foreign alternatives, thus increasing the demand for dollars and supporting its exchange rate.

“The US should write down the value of the Chinese government held US debt, which is currently at 1.1 trillion, to 0,” says Max Arias of Wharton Business School. In fact, Morgan Stanley estimates the debt will most likely exceed GDP for the first time since World War II this year. With the government passing $2T in stimulatory spending, not including the >3T the federal reserve will spend to support the financial sector.

Max Arias of Wharton Business School Offers Solutions

According to Max Arias of Wharton Business School, it is likely that the U.S. government will have to pull levers or hike taxes to cover its debt service. These actions are unacceptable and would exacerbate the current economic contraction. “The U.S. will without a doubt have to take drastic action to reduce its debt from its current unsustainable levels, presenting a rare opportunity to do so without penalizing the U.S. taxpayer or detracting from public services, “ says Max Arias of Wharton Business School.

Utilizing Fintech startups and Saas companies may be a viable start, according to Max Arias of Wharton Business School. Taking the stance of the U.S.’ current plight, Max Arias of Wharton Business School feels that writing down the value of Chinese debt would be tied directly to quantifiable economic damages that were the result of incontrovertible negligence, and by explicitly typing action to punitive damages, it should not affect the creditworthiness of the U.S.

Max Arias of Wharton Business School of the University of Pennsylvania studied finance and behavioral economics pursuing a career as a private investor to increase the efficiency, flexibility, and access to logistics and healthcare services.

Max Arias Discusses the Rising Issue of Inflation in the Economy

Inflation Is a Serious Issue Facing the Economy and Max Arias Provides Education on This Important Topic

The COVID-19 pandemic has impacted everyone and this public health crisis has led to an economic one as well. Max Arias is a financial professional who studied the various factors that have an impact on the economy. One of the issues that is taking place right now is inflation. While most individuals and families might not feel the impact of inflation right now, this is something that could play a role in the future. Therefore, it is a good idea for everyone to listen to professionals such as Max Arias in inflation, the economy, and what the future might hold.

Max Arias Wharton 3
Max Arias Wharton

Max Arias Defines Inflation in a Straightforward Manner

First, it is important for everyone to know what inflation is. According to financial professionals such as Max Arias, inflation takes place when the average worth of currency, such as the dollar, decreases in value. On average, inflation in the United States takes place at about two to three percent per year. For example, if a gallon of gas costs one dollar this year and inflation is three percent, then that same gallon of gas costs $1.03 the next year. While some degree of inflation is to be expected over a prolonged period of time, the pace of inflation is increasing. Given that the interest rates on most checking accounts are pretty low, this could have an impact on the purchasing power of the average individual.

Max Arias Discusses Why Economic Inflation Is Happening Today

There are a number of reasons why inflation is taking place. According to Max Arias and other financial professionals, inflation takes place when there is a rising demand for goods and services. Furthermore, inflation could also increase when there is a demand for wage increases. At the same time, the biggest reason why inflation is taking place right now is that the Federal Reserve is printing more money. If there are more dollars to go around, then the average worth of each dollar drops. This information from Max Arias should help everyone understand inflation at its basic level.

Max Arias Discusses the Potential Impact of Inflation on the Economy

If inflation continues to accelerate, this could lead to significant issues with the economy. According to Max Arias, hyperinflation is something that takes place when inflation gets out of control. While the United States is a long way from hyperinflation, according to Max Arias, this has happened before in the Weimar Republic, with post World War I Germany. The German Mark was devalued due to hyperinflation to the point where people were burning paper currency to heat their homes. If everyone works together and remains diligent, then we can beat the pandemic and restore the economy to its former glory.

Max Arias, Graduate, of Wharton Business School: Is Behavioral Economics A New Concept?

Max Arias of Wharton Business School: A New Voice In The Financial Sphere

Max Arias Wharton (13)Max Arias of Wharton Business School Studied Behavioral Economics. What is this field of study all about? Investopedia.com reports that Behavioral Economics is the study of psychology as it relates to the economic decision making processes of individuals and institutions. They go on to state that there are two very important questions in this field of study. These questions are as follows: Are economists assumptions of utility or profit maximization good approximations of real people’s behavior? Do individuals maximize subjective expected utility? Max Arias of Wharton Business School also studied Finance. He wants to make a great impact on the world by understanding how to help people make better decisions about their health and their money. Unfortunately, in the world those things are interconnected in many places.

Max Arias of Wharton Business School Is At The Beginning of His Professional Career. 

Behavioral Economics has been around since 1976 when, according to behavioraleconomics.com, economist Gary S. Becker related his “rational choice” theory in his book, entitled The Economic Approach to Human Behavior. This publication is regarded as the first. However, according to marketwatch.com, Richard Thaler is considered one of the founding fathers of Behavioral Economics. He won a 2017 Nobel prize for Economic Sciences.

Change The World, Max Arias of Wharton Business School   

Behavioral economics also has a great space in the field of marketing. If behavioral economists can understand why people make the financial choices that they do they will be able to market and influence their behavior. This influence can turn into profits for companies that employ them. However, though Max Arias of Wharton Business School wants to work as a private financial investor, he is not interested in taking advantage of people who cannot make sound financial decisions. Rather, Max Arias of Wharton Business School is interested in increasing the efficiency, flexibility, and access to logistics and healthcare services. In other words, he wants to make the world a better place by ensuring access to those who have who would otherwise be denied healthcare. Using his creative Innovations the world is sure to be improved greatly when he enters the workforce. Max Arias of Wharton Business School is a graduate  – ready to take on the problems of the world.

Max Arias of Wharton Business School: You Are Right You Have Heard Of This School Before! 

The Wharton Business School of The University of Pennsylvania is world-renowned for good reason. Not only do they tout many famous alumni, but they are also known for being the very first business school established in the United States. Opening in 1881, the Wharton School has three locations currently, (Philadelphia, San Francisco, and Beijing). Max Arias of Wharton Business School is proud to be able to add his name to the alumni. No doubt, he is taking the finance world by storm with his compassionate take on how to use financial acumen to access better health care. In addition to these ideals, Max Arias of Wharton Business School has countless innovative goals he plans to achieve in his financial career.

Max Arias How Can Financial Literacy Combat Wealth Inequality?

As A Former Teacher’s Assistant In Finance Max Arias Knows About Financial Literacy

It’s Important To Understand What Financial Literacy Is – Max Arias. Being financially literate is the best tool to dismantle wealth inequality. These two terms are being bandied about the financial world like gangbusters currently. Just what is financial literacy? According to Investopedia.com, financial literacy is the ability to understand and properly apply financial management skills. These skills include  Managing debt, accurately calculating interest, and understanding the time value of money. These are some of the characteristics of being financially literate.

However, financial literacy and financial education are two different things. Max Arias is an up and coming leader in the financial world. He and others would want to stress the difference. The difference is in the APPLICATION of the skills to your situation.  

Max Arias Wharton (13)Max Arias, What Is Wealth Inequality? Wealth inequality is simply the disparity of wealth between different groups of people. Wealth being the amount of assets that an individual holds. These assets can include money, bonds, stocks, property as well as private pension rights. This is not a new problem though it has been getting a lot of press lately. The common thread is that people who are disadvantaged usually have low financial literacy and suffer from a significant wealth inequality. Max Arias and other experts agree that this is something that can be remedied. Learning how to apply good financial practice to your financial situation is the remedy. When properly applied, financial literacy can bridge the gap in wealth inequality. For example, investing in a high-interest bearing vehicle will yield increased financial assets.

Max Arias Paid The Price To Engage In The Conversation. Education is the first step in changing wealth inequality. It is also the first step in acquiring financial literacy. Max Arias has dedicated his life to improving the financial situation of others. Graduate of Wharton Business School of the University of Pennsylvania, Max Arias studied Finance and Behavioral Economics. Hailing from the greater Philadelphia area, Max Arias is a native Pennsylvanian. He volunteers as a financial literacy tutor for children in middle school. Starting early is key in combating wealth inequality. Changing one’s mindset about how they view wealth should start as early as possible.

Max Arias is also interested in B2B software and how it serves companies that operate in the supply chain, logistics, and health care service industries. This sphere is daunting to the layperson, However, Max Arias has a handle on it and is passionate about learning more. In fact, he wants to increase the efficiency, flexibility, and access to logistics in healthcare services. He’s in the right place to pursue his goals and passions. Learning how to take care of your finances is a critical part of being a mature and responsible citizen. Max Arias has decided to be a transformative force in Finance. 

Do Economic Stimulus Payments And Inflation Go Hand In Hand? Finance Phenom Max Arias of Wharton School Says No

The COVID-19 crisis has hit the United States hard, and financial experts had differing opinions on how the pandemic stimulus payments would affect the economy. Some felt that these payments would cause inflation, essentially rendering such payments ineffective over time. Max Arias of Wharton School is studying behavioral economics, and he believes the stimulus payments were a smart move. “Essentially it’s not a stimulus but rather restitution for forced shut down of economic activity similar to the takings clause” says Max. 

Max Arias of Wharton School says that it’s important to understand when and why inflation occurs. “Inflation only occurs when disposable income and aggregate spending habits of people in an economy increase, supporting higher prices for products and market wages, or when the value of a currency depreciates relative to others,” according to Max Arias of Wharton School. “This means that in order for inflation to happen, people’s spending and savings habits need to remain at the same levels they were pre-pandemic, which current data does not reflect as people’s propensity to save is increasing.” The stimulus payment wasn’t large enough for most people to create significantly different spending habits, according to Max Arias of Wharton School

Max Arias Wharton
Max Arias Wharton

The stimulus payments were given for people to spend on basic necessities, and by and large, this is what happened. Of course, there were some outliers (like people who worked overtime due to COVID-19 and were able to pocket their stimulus money). 

When considering an increase in spending due to stimulus payments, Max Arias of Wharton School says, “This likely won’t happen at least in the short run in the United States. Data already shows that macroeconomic consumption ratios are decreasing and the savings ratio is increasing.” According to Max Arias of Wharton School, people are being smarter with their money. Data shows that people are learning to save, rather than increasing their spending habits when they get a short-term increase in cash flow during a hard economic time. 

Max Arias of Wharton School believes that in order for inflation to occur, people would need to significantly alter their spending lifestyles, and that just isn’t happening with the economic stimulus payments due to the pandemic. If the stimulus payments continue for an extended period of time, and are an amount large enough to create a change in spending habits, it’s possible that inflation could occur, according to Max Arias of Wharton School. 

Max Arias of Wharton School says that the current stimulus payment set up (and the fact that a second payment has yet to be confirmed) means that significant economic changes are not likely to occur at this time. Of course, this could change in the future, if more payments are in store for the United States public.

In addition to the lack of spending habits change in the United States, Max Arias of Wharton School also believes that the US dollar is strong enough to keep inflation at bay for the time being. “Also, US investments are seen as safer than foreign alternatives, thus increasing the demand for dollars and supporting its exchange rate,” Max Arias of Wharton School says.

Maxwell Arias

Maxwell Arias Explains Why Stimulus Payments Might Not Be Inflationary

Maxwell Arias gives expert insight about the current COVID-19 stimulus payments and why they might not be inflationary.

Millions of Americans feel the pressure of the COVID-19 pandemic. Unemployment has reached levels that experts could not have anticipated, leaving many Americans without a steady paycheck. To combat this health and financial crisis, Congress passed legislation to provide trillions of dollars to American adults, businesses, and healthcare providers.

Stimulus checks were one of the main components of the federal government’s package. In essence, qualifying American adults would each get a one-time payment of $1,200. Additional funds were provided for families with children and other dependents. These payments helped unemployed or temporarily underemployed Americans pay rent, utilities, and meet other financial obligations.

However, many wondered if this sudden influx of cash would lead to a decrease in the value of the US dollar and increased inflation. Based on basic economic principles, this is a pretty legitimate concern. If inflation sees a steep increase, it will become more difficult for Americans to save for retirement and make financial plans for the future. Fortunately, Maxwell Arias thinks that Americans may not need to worry too much about inflation.

Maxwell Arias Discusses Stimulus Checks and Inflation Concerns

After receiving a degree in Economics from the Wharton School, Maxwell Arias began working as an investment associate. Maxwell Arias would then return to the Wharton School, this time as a teacher’s assistant. Additionally, Maxwell Arias has also spent time working with The Vanguard Group.

All of this experience gave Maxwell Arias key insights into the economic situation in the United States. Even as the short-term economic outlook becomes more uncertain, Maxwell Arias sees patterns that resemble other historical downturns. This, in turn, gives him relative confidence in the ability for inflation to remain low.

Regarding the current situation with COVID-19, Maxwell Arias had this to say about the potential for stimulus checks to be inflationary:

“Inflation only occurs when disposable income and aggregate spending habits of people in an economy increase, supporting higher prices for products and market wages, or when the value of a currency depreciates relative to others. This likely won’t happen at least in the short run in the United States. Data already shows that macroeconomic consumption ratios are decreasing and the savings ratio is increasing. Also, US investments are seen as safer than foreign alternatives, thus increasing the demand for dollars and supporting its exchange rate.”

In short, the United States is in a better financial situation to withstand the damage caused by the Coronavirus pandemic. While stimulus checks have given consumers greater spending power, much of this spending has gone to essentials like rent, food, and groceries. Americans who have not lost income due to COVID-19 are choosing to set aside their stimulus checks for a rainy day. All of these factors will likely cause inflation to remain at normal levels.

Maxwell Arias

Maxwell Arias: The Long-Term Global Market Impact of COVID-19

Maxwell Arias has a simple plan to have China pay for their role in the COVID-19 global pandemic.

Maxwell AriasExactly who is Maxwell Arias? Many players have given their opinion on how to recover from this crisis. Maxwell Arias, a soon to be Wharton School of Business graduate chimes in, as well. However, all must be wary to heed the advice of New York governor Andrew Cuomo. To date, Andrew Cuomo’s state has been the hardest hit by this worldwide outbreak. He gives daily caution via a special report to all viewers to understand that the country is only at half time when it comes to the pandemic. There are so many questions yet to be answered when it comes to this novel coronavirus. That being said, it is refreshing to hear a new voice, in the person of Maxwell Arias, from this prestigious arm of the University of Pennsylvania.

Maxwell Arias is set to graduate in May of 2020. Unfortunately, due to the outbreak, his graduation ceremony will look very different. Undoubtedly, his point of view takes this reality into account. With a Bachelor of Science in Economics and a minor in Biology, Maxwell Arias has a unique vantage point for his perspective. How Economics and Biology meet is exactly where the world finds themselves currently. It will take years, if not decades to recover economically from our current and particular set of circumstances. Similarly, on the medical front, we are not where we need to be in terms of understanding COVID-19. As a result, a fresh young voice is a welcome authority. They are inheriting an unprecedented economic and biological situation.

Maxwell Arias Feels that China Should’ve Acted at least Three Weeks Earlier then Reports Indicate

Citing a Yale-sponsored study, Maxwell Arias asserts that 95% of the spread of the virus could have been mitigated with China’s earlier distribution of information. The current US debt to China is $1.1 trillion. Taking into account the immeasurable loss of life along with the unimaginably exorbitant financial fallout, Maxwell Arias posits that US debt to China should be adjusted to reflect the country’s negligence:

“The COVID 19 crisis has validated longstanding suspicions across the political aisle that the authoritarian Chinese government is the preeminent threat to the United States and global commerce. China’s policy of fabricating the economic and public health data shared with the world to project a facade of strength has birthed the greatest economic downturn in recorded history. The US, along with the global community, should demand reparations from China– both to deter future criminal dishonesty and to partially offset the massive expenditures undertaken to keep economies on life-support during lockdown. Reparations should come directly out China’s war chest of foreign debt. China is the largest holder of US treasuries with more than 1.1 trillion dollars worth. Some politicians such as Senator Marsha Blackburn of Alabama have suggested a write down of US liabilities to China to $0. She has asserted that: ‘We don’t need to be sending them one thin dime because of the trillions of dollars they have cost our economy’

Indeed it is true that the 1.1 trillion in outstanding debt is dwarfed by cost to the US government, which has already exceeded 2 trillion USD in stimulus spending, with an additional 3.5 trillion expected to be spent by the federal reserve to support the financial system according to Morgan Stanley. Unfortunately, for the time being, The US’ economy and financial system is too interconnected with China’s to take such drastic action. It could set a precedent for all governments across the world to default on their debts to China, plunging the world and the US into a deeper depression. China could also nationalize US assets in response. Instead, foreign debt held by China should be restructured to become 0 interest rate, non-collateralized loans with maximum optionality to defer payments and extend maturities.”

Maxwell Arias Postulates that the GDP Will be Exceeded by the Debt from COVID-19

According to Maxwell Arias, a situation like this has not occurred since World War II. Stimulus spending has exceeded $2 trillion already. Maxwell Arias uses Morgan Stanley’s estimates to assert that the federal reserve will spend a little less than 3 trillion to undergird the financial sector. He raises this argument to underscore the fact that China has a huge debt to pay to the US. The young wunderkind sites the 16,000,000 + unemployment claims of recent weeks as well as the small business administration loan program running into immense difficulty. 39 states are still experiencing lockdown status on some level. Huge structural mainstays like the postal service are suffering, as well. Instead of the US government hiking taxes or pulling levers, restructuring our debt to China will go far.