Pretty much every household in the country has been hit hard by rising gas prices. The average price of a gallon of regular gasoline hit $5 a gallon a week…
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It takes a while before changes in the money supply work their way through the financial system and result in inflationary price hikes. And it can take even longer for…
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If I told you that the government’s inflation figures actually understated the severity of inflation, would you believe me? Well, you might, at least if you’ve had to buy food…
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Biden Nominating Communist to Top Bank Regulator Post
October 11, 2021If you didn’t already know that the Biden administration is trying to push the country further toward communism, his nominee for the nation’s top banking regulator is a clear sign.…
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America NowBreaking NewsMoney
Generous Stimulus Package Leaves Workers Demanding to Be Laid Off
April 27, 2020The $2 trillion stimulus package passed by Congress is a typical example of Washington’s pork barrel spending. It was originally sold as a bill to give one-time payments to American…
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America NowBreaking NewsMoney
Waste, Fraud, and Abuse in Coronavirus Spending? Quel Surprise!
April 23, 2020With the $2 trillion coronavirus stimulus bill being the largest single spending bill passed in US history, it shouldn’t be any surprise that there is a huge amount of waste…
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America NowBreaking NewsMoney
What Exactly Is in the $2 Trillion, 880-Page Coronavirus Stimulus Package?
April 2, 2020“I said, look, that was a Democrat request. That was not my request, but you’ve got to give them something. It’s something that they wanted. You know, it works that…
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One of the most disconcerting things about the reaction to the economic crisis surrounding the spread of coronavirus is just how involved the Federal Reserve has been in the process.…
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With stocks having been hammered in recent weeks, demand for gold has skyrocketed among investors looking to protect their investments. In fact, demand has increased so much that supplies of…
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When the Federal Reserve announced its Commercial Paper Funding Facility last week, a facility that hasn’t operated since the 2008 financial crisis, many commentators and analysts jokingly wondered when the…
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The phrase “No one expects the Spanish Inquisition” has become a popular meme in the internet era, playing off its popularity as the catch phrase in a Monty Python skit.…
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All Eyes on the Fed This Week After Horrendous Stock Market Performance
March 16, 2020It seems like each week just goes from bad to worse for stock markets. Last week saw the Dow Jones suffer its worst-ever points drop of over 2,350 points. That…