Government

After taking an early lead in the Democratic primaries, Bernie Sanders, Elizabeth Warren, and their “socialist” plans for America ran aground. All the talk of free college, college debt forgiveness, and Medicare-for-All quickly became a distant memory for most Americans. Nevertheless, the coronavirus pandemic caused Congress and the Fed to crank up the printing presses

The Trump Administration has done everything in its power, to facilitate a reduction of business-related regulatory encumberments, in order to empower the economy to spread its wings and flourish. Democrats however, see it as a green light for business to run amuck in an open field, pointing to the fact that public companies borrowed $1.8

The stock market has been acting like a dieseling engine all year long, taking one step forward and two steps back, then vice versa. Today, the Dow Jones Industrial Average opens 4½% below its all-time high, which was achieved six months ago to the day. Income tax breaks, still lower unemployment, and higher consumer confidence

Central banks have a long and well-documented history of gold price manipulation, which shouldn’t be a surprise to anyone considering their history of manipulation with ALL other financial markets. However, gold is to central banks like Kryptonite is to Superman, they can’t ignore it so they must attempt to control it. They are terrified of

This chart indicates that gold got ahead of itself during the depths of the recession, but then overcorrected, causing its value to fall just as far downward in 2015 as it had swung up in 2011. Now gold is rising again in relation to the debt. If it gets back to its historical tendencies, gold

The U.S. election for President occurred a year ago this week. An army of economic analysts proclaimed that if Trump were to be elected President, the stock market would go into shock and collapse. At this point, it’s pretty clear to see that these trained analysts might be better equipped to simply report, rather than

The United States doesn’t want a second installment of the Korean War, but what would happen to the domestic and world economy if fighting were to occur? Though political rhetoric around the North Korean crisis has been dialed up to an 11 via social media, the 24-hour news cycle, and other sources of information, few

Janet Yellen appears to be on her way out as head of the Federal Reserve, and all eyes are on a shortlist of potential replacement candidates, particularly those with pull in the Trump administration. Each Federal Reserve chair serves four-year terms, and Yellen’s expires in February 2018. It appears President Trump carries a shortlist of

Realistically, the Fed has no direct control over the country’s inflation, GDP, or employment. Instead, it has to utilize monetary policy tools, like an adjustment to the federal funds rate, to affect the aforementioned economic variables indirectly. It must use the rate to stimulate or slow the economy, as well as the tool of adjusting

Ever wonder what actually caused the Great Depression? It might hit close to home once you take a careful look. The Great Depression happened far enough in the past that it doesn’t seem all that real to today’s young scholars. The Depression may occupy space in history books and is certainly a part of standardized