According to a 104-page financial disclosure form he submitted to the Federal Election Commission (FEC), Donald Trump has a net worth of more than $10 billion. He says he made more than $500 million last year alone. It’s true that you can’t truly assess his entire net worth from the disclosure form because the FEC […]
Archives for May 2016
Donald Trump assures Janet Yellen he’s not her enemy, Federal Reserve audit isn’t high priority
Is it because Donald Trump is sniffing the White House that he is starting to become more establishment? A lot of his supporters may not want to concede this, but the Trump brand of being an outsider is gradually waning with each passing the day. The latest example of this constant tergiversation is in regards […]
What Can Gold Do for Our Money?
By Stefan Gleason One of the chief virtues of a gold standard is that it serves as a restraint on the growth of money and credit. It makes runaway government deficit spending and major monetary catastrophes such as hyperinflation practically impossible. Opponents of a gold standard can’t defend the political malpractices that are enabled by […]
Minutes suggest Federal Reserve hinting at June interest rate hike
The Federal Reserve is hinting at an interest rate hike next month, according to minutes released from its Apr. 26-27 meeting. Central bank officials explained at the meeting that June would be the right time to raise rates should the economy be stronger in the second quarter. The policymakers from the Federal Open Market Committee […]
Techno Cash: The War on Cash is Only Half the Story
By: Ryan Griggs On April 20, 2016 US Secretary of the Treasury Jack Lew penned an announcement on Medium: [T]oday I am excited to announce that for the first time in more than a century, the front of our currency will feature the portrait of a woman — Harriet Tubman on the $20 note. The […]