Fed Chairman Committed to “Do Whatever We Can, For As Long As It Takes”
Economist slams monetary “Hail Mary”
Tag: Economy
National Debt Exceeds $26 Trillion For First Time
Massive national debt explodes during coronavirus crisis
No, The U.S. Economy Will Definitely Not Be Returning To “Normal”. In Fact, Things Will Soon Get Even Worse.
In the long run, what we are facing will be far worse.
Stock Market Will Hit New Highs If Trump Wins 2020 Election, Chief Strategist Says
Says Trump runs government “more business-friendly”
Yale Economist Warns of Dollar Crash
“The era of the US dollar’s ‘exorbitant privilege’ as the world’s primary reserve currency is coming to an end”
Alarming Study Finds US Public Pensions To Run Out Of Money By 2028
Seven major public pension plans are due to deplete their assets by 2028…
The Great Society: A Lesson in American Central Planning
In the 1960s, politicians and bureaucrats had nearly unbounded faith in the ability to plan a nearly perfect society. Things didn’t turn out as they had planned
Central Banks Continue Hoarding Gold
Nearly 32 tons added to reserves in April
Economist Reveals How to Avoid Getting Wiped Out by Inflation
Dollar crash on horizon amid looming financial crisis
This Is Just The Start”: US Bankruptcies Soar 48% In May, Most Since Financial Crisis
All that was missing was a catalyst; one which according to & Bloomberg & arrived in late May as retail landlords started sending out thousands of default notices to tenants, who in turn experienced a collapse in foot traffic, sales and cash flow due to the COVID-19 pandemic, and were simply unable to pay their […]
Why GDP Metrics Won’t Tell Us Much about the Post-COVID Recovery
GDP can be increased through both government spending and printing new money. So, naturally, once lockdowns end we’ll see a big rebound in GDP. But that doesn’t tell us if the private sector is actually better off
Central Bankers Gone Wild: It’s a New Era at the Fed
When people are scared they let the authorities get away with all sorts of nonsense. We’re seeing this with the Federal Reserve right now
Fed Printing Trillions to Keep People Employed
“If the economy is so strong, why do we need to stimulate it even more?”
The New Generation of Americans have Accepted a Lower Standard of Living
I came into this world with an honest work ethic and a great desire to achieve wealth and happiness, something that US politicians advertise as “The American dream”. The theory is that if you work hard, financial freedom can be yours. Early immigrants toiled away during the industrial revolution because they were promised that technology […]
Trump Praises V-Shaped Recovery, Will Ask Congress To Pass More Stimulus
Says payroll tax cut will be a “tremendous” incentive for businesses