Federal Reserve Chair Janet Yellen announced the bank would begin selling assets it has relentlessly bought since the Crash of '08.
Despite all these early signs of trouble, the market marches on with euphoria as if the current bull run — one of the longest in history — can go on forever.
Stefan Molyneux and Peter Schiff discuss the massive debt the United States has acquired and what it means for the US.
While all supporters of individual liberty and sound economics should support tax cuts, the Republicans’ failure to cut spending means that their tax plan will do little to increase liberty or prosperity.
Which is it Jamie?
Trump would do well to appoint a Fed chair who follows the teachings of the Austrian school of economics and thus understands that the only thing the Fed can do to “fix” the economy is allow the correction to run its course.
Fed policy makers are of the view that if there is the need to tighten the interest rate stance the tightening should be gradual as to not destabilize the economy.
“Tax cuts for the rich,” along with cousins like “trickle down,” “voodoo” and even “déjà voodoo” economics, misdirect attention away from how voluntary market arrangements benefit all.
Mannarino says that U.S. debt has reached such extreme levels that when foreign creditors and investors finally decide to pull out of the U.S. dollar the system will collapse to such an extent that it will have a devastating impact not just on our way of life, but may lead to a massive bursting of what he has dubbed “the human population bubble.”
The Middle Class Is Being Destroyed: Now Only 25 Percent Of All Americans Have $10,000 Or More In Savings
We just got more evidence that the middle class is being systematically eviscerated.