Greenspan: We Need Not Fear a US Default Because We Can Always Print Money
S&P downgraded US debt last Friday, but according to Former Federal Reserve Chairman Alan Greenspan, we need not ever fear a US default. Why? From CNBC:Former Federal Reserve Chairman Alan...
View ArticleThere’s No Escaping the ‘Stealth Wealth Tax’
You’ve heard of the income tax, property tax, sales tax, etc., but have you ever heard of the “stealth wealth tax”? The three aforementioned taxes can be avoided in many circumstances, but there’s no...
View ArticleFederal Reserve Announces Open-Ended QE to Try and Stimulate the Economy
The Federal Reserve made a huge and much-anticipated announcement today that it will attempt to stimulate the economy and reduce unemployment by buying mortgage-backed securities (MBS) on an...
View ArticleFed to Continue Buying Bonds for Forseeable Future?
The talk has largely been about the Federal Reserve slowing down it’s asset purchases and raising rates later this year, but it sounds like members of the Federal Open Market Committee are beginning to...
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