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For nearly 80 years the US dollar has been the world’s reserve currency That status was born out of victory in World War II, but was threatened only a few decades later as foreign nations began to...
Death and taxes aren’t the only two things that are certain in life The third is that Washington just can’t figure out how not to spend like a drunken sailor Once again, the federal government...
In the aftermath of the 2008 financial crisis, big US banks faced numerous calls to be broken up After a $700 billion bailout and fears that the financial system had been on the verge of collapse,...
Entire generations of Americans grew up thinking that high inflation was a thing of the past But events of the past few years have shattered that illusion For anyone used to the 2% CPI increases...
The concept of the digital dollar is something that seems to have gone from discussion to potential implementation quicker than anyone thought possible While the idea of a digital dollar, a central...
This week’s inflation data brought a little bit of welcome news, namely that the overall inflation rate has fallen once again, this time to 71% year-to-year To markets, this is a sign that the...
As much as the Federal Reserve doesn’t like inflation, there’s one thing it seems to like even less: you making more money Say what Hard as it may be to believe, Federal Reserve officials think...
As we march toward the end of the year, there are more and more mounting signs that recession is drawing closer From plunging home sales to falling job openings to slower money supply growth, more...
In the early days of 2008 we were told that the weakness in the housing market was confined to housing and wouldn’t spill over into the broader economy Of course, many of the people pushing that...
American consumers and households have had to deal with inflation for well over a year now, with no signs that inflation is letting up anytime soon And with recession on the horizon, the prospect of...
It seems that every day continues to bring more bad news about the future of the economy and the state of Americans’ financial health With inflation remaining elevated, and the Fed continuing to...
The 2008 financial crisis started out slowly, before it accelerated with a bang And no event did more to panic markets and investors than the collapse of Lehman Brothers in September 2008 Having been...
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