Is the US Becoming a Banana Republic?
In the aftermath of World War II, the United States was considered the world’s hegemon It had the world’s strongest military, the biggest economy, and most importantly, the US dollar had become...
Showing 17 of 660
In the aftermath of World War II, the United States was considered the world’s hegemon It had the world’s strongest military, the biggest economy, and most importantly, the US dollar had become...
Many people don’t give interest rates a second thought Interest rates are what they are, or so they seem, and we deal with them accordingly But interest rates are among the most vitally important...
Recession is officially defined as two consecutive quarters of declining growth, with growth defined as gross domestic product (GDP) By that measure, the US economy definitely experienced a recession...
If you ask most investors what assets they hold, the overwhelming majority of investors, and most likely their assets, are invested in stocks and bonds These two commonly traded assets are easy to...
According to government statistics and the mainstream media, the US economy is in the middle of an economic recovery Stock markets are sky high, employment is supposedly improving, and the worst of...
The Federal Reserve’s Federal Open Market Committee (FOMC) held its most recent meeting this week and, while it didn’t deliver any surprises on the surface, digging deeper into the Committee’s...
Markets took a beating last Thursday as President Biden announced a bombshell new tax plan The details are still being worked out, but the biggest news is that investors could pay a tax rate of up to...
One of the defining characteristics of the modern era seems to be that states around the world see their citizens not as human beings but rather as resources to be used for the state’s benefit The...
Since the end of World War II, the US dollar has functioned as the world’s reserve currency For the first quarter century that was as part of the Bretton Woods system, in which the dollar could be...
For over a decade, official government inflation figures have told the story that inflation is stuck around 2% No matter what the Federal Reserve did to try to boost inflation, and how many trillions...
Inflation is pernicious and destructive The constant rise of prices that results from monetary inflation slowly erodes the purchasing power of money, surreptitiously stealing from savers and...
With the passage of President Biden’s $19 trillion stimulus package, the federal government is continuing to spend money like a drunken sailor And Biden isn’t content with his victory on this...
If you’ve ever read through the mainstream financial media, you’ve probably seen headlines like these: How much you need to invest each month to save $2 million by the time you turn 40 I...
Fears of a stock market bubble have circulated for years We’ve even had two pretty severe crashes, with the Dow Jones Industrial Average falling 20% from October to December 2018 and falling 35% in...
Federal Reserve Chairman Jay Powell seems like a nice enough guy And unlike his predecessors, he seems like a pretty straight shooter But sometimes the plain English coming from his mouth is enough...
All investors want to see their assets increase in value and no one wants to see them decrease in value But risk is the name of the game when it comes to investing, so losses are all but inevitable...
When Alexandria Ocasio-Cortez (AOC) was first elected to Congress in 2018, she was part of a left-wing wave that handed control of Congress to Democrats AOC’s views were among the most radical of...