interest rates

The Penalty For Saving

The Penalty For Saving

In previous articles, we have outlined in great detail the many faults of the current monetary policy direction of major central banks and the large-scale economic impact of keeping interest rates artificially low. Among the worst offenders is the ECB, that is...

April tax Receipts Up 1.8% at $2 Trillion

Unfortunately, spending is up 7.6% to $2.57 trillion.  The largest increase is debt service, up 13.6% from last year.  This is in a low interest rate environment.  The Fed is trapped in maintaining low interest rates.  Danielle DiMartino: "Fed controlled rates...

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Last Rights: The Death of American Liberty

Last Rights: The Death of American Liberty

Americans today have “freedom” to be fleeced, groped, injected, harassed, surveilled, vilified, disarmed, beaten, detained, and maybe shot by federal agents. From hapless homeowners hit by SWAT raids to pandemic lockdowns pointlessly paralyzing lives, government...

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