It’s repeated incessantly: “Money is the root of all evil. Corporations run purely on greed and care only about their bottom line. The rich don’t pay their fair share. The …
Money
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The Federal Reserve and many of the world’s other central banks set “inflation targets.” They do this in order to to achieve their goals of “full employment and price stability.” …
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The US government borrowed a record high amount of money in the first quarter of 2018 – $488 billion. That’s not an encouraging sign that the federal government will get …
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In a recent survey of super-rich investors, nearly three-quarters believe that the US will enter a recession by 2020. According to the J.P. Morgan Private Bank survey, 21 percent of …
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No one wants to talk about how unprecedented and abnormal the financial conditions we currently are in truly are. Governments, central banks, corporate and state-influenced media, and all of the …
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Inflation may not have been making headlines for many years, but rising prices are still a problem and will only get worse. A decade after the Federal Reserve began its …
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Unless you’re a hardcore economist, policy wonk, or finance guru, you probably don’t think too much about the 30-year mortgage, even if you hold one. It’s been the standard mortgage …
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The bad news coming out of Venezuela just keeps getting worse. Over a year into its hyperinflationary crisis, the Venezuelan regime is clinging to anything it can to keep itself …
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Online whistleblowing site WikiLeaks suffered another setback recently as online cryptocurrency exchange Coinbase announcing that it would shut down the company’s account due to alleged violations of Coinbase’s terms of …
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Retail banking giant Wells Fargo was hit with a major fine from federal regulators last week. The total fine was $1 billion, $500 million each from the Consumer Financial Protection …