Protect Your Future Today
The universal response of central banks around the world to the financial crisis was to create more money. Trillions of dollars worth of new money was created by the Federal Reserve System to respond to the financial crisis, with trillions more created by the European Central Bank, Bank of...
With President Trump’s decision on Friday to raise tariffs on $200 billion of Chinese imports from 10% to 25%, the stakes in the trade war with China just got higher. Trump’s move came while a Chinese delegation was in Washington negotiating a trade agreement, thus scuttling any chances of...
Along with the Democratic takeover of the House of Representatives has come renewed attention towards a monetary theory beloved by many Democrats and their allies, including Bernie Sanders. That theory, Modern Monetary Theory (MMT) posits that a government cannot ever default on its debt because it can just print...
By now many investors are aware that stock markets aren’t going to continue rising above their all-time highs. The meteoric rise of the past few years is unsustainable, which is why markets continue to push towards but never break through their previous records. The only way from here is...
With new inflation data coming out this week, the gold price could see a bullish rise if inflation picks up. While official inflation rates always underestimate the actual price increases that most people see, indications of rising inflation could send more investors piling into gold. CPI data from March indicated...
Everyone who remembers the 2008 financial crisis remembers the role that collateralized debt obligations (CDOs) played in exacerbating the crisis. The way that financial companies packaged together billions of dollars of bad debt, diced and sliced them into securities that they then rated AAA, and sold them to unsuspecting...
President Trump doesn’t have a great track record in nominating people to the Federal Reserve Board, with several of his picks having decided to remove themselves from contention over the past couple of years. The latest two were his picks to fill the two remaining spots on the Fed’s...
By now most people realize that the only reason stock markets have done so well over the past few years is because of the Federal Reserve’s loose monetary policy. Low interest rates have spurred companies to issue massive amounts of debt in order for them to be able to...
The stock market bull run of the last three years has resulted in the creation of more 401(k) millionaires than ever before. But while it can be tempting to look at your 401(k) balance and think that you’re going to do well in retirement, you can’t forget one important...
