quantitative tightening

3 Forces Driving Interest Rates Higher

by Eric Schuler | Feb 12, 2018 | Economics, Featured Articles

In the past two weeks, interest rates have gone up sharply, sparking turmoil in the stock market. To take one example, the rate on 10-year Treasury bonds went from 2.66% on Jan. 26 to close at 2.85% on Feb. 12. The recent moves have brought key interest rates up to...

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The Capitalist Competition Myth

Capitalism involves far more cooperation than competition—think of the number of mutually beneficial transactions you’ve had today compared to the number of competitions you’ve been in today - Chris Freiman, author of Why It's OK to Ignore Politics Democratic...

Blame Mexico? Blame Neocons! Blame Big Pharma! Blame the USA!

ABC News: If fentanyl is so deadly, why do drug dealers use it to lace illicit drugs? I have an alternative explanation. America has been fighting endless wars almost the entire century. Many have come home from these never-ending wars with injuries and pains. Doctors...

My Testimony Before the Maine State Senate

In support of Ld 1054, Defend the Guard legislation: Thank you all so much for the opportunity to testify before your committee today. Today is the 20th anniversary of the beginning of Iraq War II. The consensus now is that we should not have done it. Iraq was not...

These Iraq War Supporters Are Still in Congress

On March 19, 2003 the United States began its military invasion of Iraq. The Authorization for Use of Military Force Against Iraq passed Congress in October 2002, with 296 congressmen and 77 senators voting in favor of giving President George W. Bush carte blanche...

Laci Green is Wrong: Democratic Competition vs. Free Market Competition

In environments where there's a lot of competition, people tend to lie out their ass and you can apply this to any competitive situation. Take capitalism. As industrialization took full effect, the Federal Government had to interfere because there was so much false...

Empower the Workers: Decriminalize Economic Activity Between Consenting Adults

The most reliable and effective protection for most workers is provided by the existence of many employers. As we have seen, a person who has only one possible employer has little or no protection. The employers who protect a worker are those who would like to hire...

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