Could a Gold-Backed Yuan Dethrone the Dollar?
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...
Showing 17 of 669
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...
All investors want to know whether their investments are going to increase or decrease in value It would obviously be much easier to invest only in assets that we know are going to increase in value,...
While much of the attention surrounding discussion of stimulus spending focuses on Congress, hardly anyone seems to be paying attention to the organization enabling Congress’ spending: the Federal...
There’s a lot of talk in the media today about bubbles Certainly anyone who has been watching stock markets for the past several years has at least an inkling that stock markets may be in a bubble...
Whether you’ve just started saving for retirement or have been saving for decades, there are a few key concepts that you’re going to need to understand Your financial advisor or tax advisor can...
While President Biden continues to issue dozens of executive orders from the Oval Office, the legislative agenda on Capitol Hill seems to be coalescing around stimulus proposals With the last round...
Millennials get a raw deal when it comes to press attention It seems like hardly a week goes by when millennials aren’t being criticized for being lazy, for wasting their money, or for delaying...
For many Americans, workplace 401(k) programs have become one of the most popular methods of investing Trillions of dollars are currently held in 401(k) accounts throughout the country, and many...
Now that Joe Biden is on the verge of being inaugurated as the nation’s 46th President, he is beginning to ramp up the development of his policy proposals Among the first things he hopes to do as...