Tag Archives: Federal Reserve

This Enormous Debt Will Implode Our Financial System

After the internet bubble in stocks burst in 2000, the Fed used a big decrease in the Federal Funds rate to stimulate the economy. After stocks crashed for over two years, the investment community took advantage of cheap money to build up the housing market. The housing market was then brought down by subprime lending […]

Expect Much Higher Gold Prices in the Near Future

The spot gold price peaked at $2,080 in August 2020. Price then fell to a bottom near $1,685 on March 31. We have since seen prices soar over 11% to get back to near $1,900. Last week’s US inflation figure came in at a shocking 4.2 percent, well above the anticipated 3.6 percent. It could […]

Inflation Is Already Here

By simple definition, inflation is a general increase in prices and a fall in the purchasing value of money. According to the Bureau of Labor Statistics, the annual inflation rate in the US is 2.6% for March 2021. The annual inflation rate in May of 2020 was .1%. Inflation is already here in the real […]

Three Stock Market Booms that Eventually Wiped Out Many

The stock market can make you rich; it can also bust you out. The United States in the last ten years has seen huge equity gains. These gains can be attributed to innovation, good business models, and mostly debt. Today we have more corporate debt, government debt, and consumer debt than ever in history. All […]

Jerome Powell Talked to Senate Banking Committee on Tuesday

On February 23, Jerome H. Powell, the Federal Reserve chair, testified to lawmakers on the economic rebound from the pandemic recession and the threat of future inflation. Equity markets continue to trade wildly as GameStop and Tesla continue to attract speculators as the Fed is seen as a savior no matter what. We all know […]

Three Financial Trends from 2020 Will Continue in 2021

For most of us, 2020 has been a year that we never could have imagined at the end of 2019. The idea that governments would choose what businesses could be open which ones could close would have seemed impossible in this country. Who could have imagined that 2020 would see the stock market reach record […]

The Recovery Unfortunately Will Not Be Smooth and Easy

US economists continue to upgrade their financial forecast for 2021 recovery. The US media continues to count on stimulus to get us through the next stage of the pandemic. A $600 or $1,200 check is not a long-term solution at all. More dependence on the government for free money and handouts will not create jobs. […]

2021 Will Be a Rough Year for the US Dollar

The US dollar is down nearly 12% since the March 2020 peak. Gold is up 23% from the March price swoon. Meanwhile, the Federal Reserve has increased the money supply by more than 25% n 2020 alone, a number that should be shocking to anyone who has worked had to accumulate savings in US dollars.

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