Rising Inflation And Debt Concerns Rattle Global Bond Markets
The latest pressure follows stronger-than-expected US economic growth and inflation readings that remain above the Federal Reserve’s target
Federal Reserve
Beware Of George Soros Types In Government Finance
Druckenmiller has since gone on to be an independent hedge fund manager with one of the best records on Wall Street spanning several decades.
The Fed Chairman Has Raised Interest Rates, But Will It Slow Inflation?
Against this background, the Fed Chairman hinted that, to counter the still-high rate of inflation, there may be a need to raise the Fed’s policy rate.
Federal Reserve Renovation Costs Ballooned By Nearly $1 Billion
Investigators found no reasonable grounds to believe federal criminal law had been violated
Long-Term US Treasury Yields Surge To More Than Two-Decade High
The $32 trillion Treasury market has declined 2.6% this year, compared with a 6.3% gain last year.
Trump Launches America.gov To Centralize Federal Services
Airbnb co-founder and U.S. Chief Design Officer Joe Gebbia developed the platform, which aims to help users navigate services such as Medicare enrollment and passport renewals without searching across multiple government websites.
Mainstream Economics: Money As Medium of Exchange, Unit Of Account, And Store Of Value
On the first day of a typical, introductory microeconomics class, if students are asked what they think economics is about, most of them will answer that it has to do with money, the stock market, and personal finances.
What The Dow/Gold Ratio Shows That The CPI Hides
Now measure the same economy with a different rod. On August 17 the Dow Jones Industrial Average closed at 53,459.78, near its all-time high. Gold was trading around $4,400 an ounce.
We Are At The Mercy Of The Fed, Whose Leaders Believe That Printing Money Solves Every Other Problem
The US government has been spending like a teenager with an unlimited credit card that they don’t have to pay off since going off the gold standard.
Global Bond Rout Raises Borrowing Costs For Governments And Consumers
The U.S. 30-year Treasury yield climbed to 5.45% Thursday, its highest level since 2004.
Federal Reserve Chair Treats Inflation With Quack ‘Cure’
The Iran War, thankfully, has left the ayatollahs’ atomic toys harmlessly glowing in the dark beneath tons of rubble. If not obliterated, the mullahs’ fledgling nukes have been delayed for years, and perhaps even decades.
Markets Raise Bets On October Fed Rate Hike
Barr said policymakers likely need additional adjustments to bring inflation back toward the Fed’s target, according to his prepared remarks at a Chicago housing conference
President Trump Bribes The People
The national debt now exceeds 40 trillion dollars, which is one reason why interest on Treasury bonds is at the highest level since 2007.
The Conflict Between Crony Capitalism And Market Logic
Newman writes: Lord Acton teaches us that “power tends to corrupt,” but the advocates of limited government slowly transformed into the very parties they had previously detested.
Explaining Versus Describing Economic Events
Businessmen themselves are confused as to why. They cannot make sense of why certain business practices that were profitable yesterday are losing money today.
Government By Consent Of The Governed — Later On
The Gulf of Tonkin lie used to escalate American intervention in Viet Nam, leading to millions of deaths at a cost of over a $1 trillion in today’s dollars, serves as a tragic example of how consent grudgingly followed government action.