The Nobel Prize receives a great deal of press and attention. But is it really all that it’s cracked up to be? Here’s why this year’s winners are overrated.
Are you hoping to retire on the new money coming from the Federal Reserve? Well, guess what. You are likely to be seriously disappointed.
The amounts are staggering. But the process is old and familiar. As the feds interferes in markets, opportunities for corruption multiply.
The Fed is injecting money into the system as part of its ‘reserve management’ programme; it began this week with $7.5 billion.
The feds had their funny money; they weren’t going to give it up. And they weren’t going to back off from any of their boondoggle spending.
‘I’m not [a capitalist],’ Bernie reassured voters. But Ms Warren is not a capitalist either. And neither is Mr Trump.
Warren Buffett says you can never go right by betting against US business. But guess what? So far this century, that bet has been a winner.
In 2007, total US debt, public and private, was under $50 trillion. Today, it’s over $73 trillion.
Donald Trump needs to claim victory against the Chinese and end the war. But the Chinese may have him over a barrel.
The good news is that if inflation is what they want, inflation is what they’ll get. But not necessarily the tame, friendly, housebroken inflation they are hoping for.
Total US debt now approaches $74 trillion. The economy that supports this debt has grown steadily, but nowhere near fast enough to keep up with it.
We are in an Inflate-or-Die trap now — more debt, more phoney prices, and more fake money.
The end of the stock market boom is unpredictable. But each passing day brings us a day closer to when it will crash and burn.
The stock market has suffered through a couple rough days. Trade wars…impeachment…recession warnings…Sanders’ heart problems — commentators look for explanations.