Tag - monetary policy

The Fed’s New Policy: What’s Wrong With It and How You Can Protect Yourself

The idea of creating money out of thin air to solve economic problems is one of the oldest sophistries of all time. The creation of money has been the downfall of many a government and empire over time, from ancient Rome, medieval China, and late Renaissance France to Weimar...

What Fiscal Dominance Means for Gold

When looking at government finance, there are two main areas of policy: fiscal policy and monetary policy. Fiscal policy encompasses federal spending, the federal budget, the appropriations process, and the means by which Congress funds government actions. Monetary policy encompasses the actions of the Federal Reserve in providing currency...

Why Gold Is the Only Game in Town Today

In his much awaited speech at the Kansas City Fed’s annual Jackson Hole conference last week, Federal Reserve Chairman Jerome Powell announced a move away from the Federal Reserve’s traditional inflation targeting. Instead of targeting a certain inflation rate, such as 2%, the Fed is moving to “average inflation...

The Debt Bubble Continues to Grow: How Long Until It Bursts?

If there is one defining economic characteristic of the modern age, it is the explosive growth of debt levels. Whether personal, corporate, or government debt, debt levels are growing at an exponential rate. Debt is no longer seen as a necessary evil, a means to an end, or a...

Federal Reserve Punts as Gold Hits Record Highs

The Federal Reserve’s Federal Open Market Committee (FOMC) has just wrapped up its last meeting before Washington, DC clears out in August. The next meeting isn’t scheduled until mid-September. The July meeting is typically seen as indicative of the Fed’s policy response come fall, as trading will get underway...

Bank of England Move Means We’re Entering a Brave New World

Along with George Orwell’s 1984, Aldous Huxley’s dystopian novel Brave New World depicted the extent to which future governments would attempt to dominate society. But increasingly the warnings from Orwell’s and Huxley’s novels are not being heeded, and in fact many question whether the powers that be aren’t using...

What the Federal Reserve Is Doing and How It Affects Your Retirement

Most investors know by now that the Federal Reserve has intervened heavily in the US economy over the past several weeks. What they may not realize, however, is just how deep that intervention has become, and how that will affect their retirement. Much of the mainstream media lauds the Fed’s...

How to Protect Yourself Against a Global Recession Sparked by the Coronavirus

With the spread of the COVID-19 coronavirus around the world, billions of people are taking steps to prevent themselves from succumbing to the virus. But their health isn’t the only thing at risk from COVID-19. Their investments are suffering as well.Stopping the spread of the virus has prompted governments...