Thanks to the exploding money growth over the last decade, courtesy of the Federal Reserve, the art market has become a lucrative industry. That is, until now. As we reported earlier this month, the art market bubble is gradually bursting, and investors are losing as much as 74 percent on their investment (SEE: Art market […]
Archives for March 2017
Janet Yellen: ‘Growing up poor makes it harder to succeed as an adult’
If you grew up poor then you’ll have a hard time in adulthood, says Federal Reserve Chair Janet Yellen. It is time to start a new government program! Yellen delivered a speech on Wednesday to the 10th Biennial Federal Reserve System Community Development Research Conference in Washington, D.C. During her speech, she alluded to research […]
Ron Paul warns of stagflation amid Federal Reserve rate hikes
The Federal Reserve raised interest rates last week for the second time in three months. The United States central bank has said that it will pull the trigger on two more rate hikes sometime this year. You can expect the Fed to raise rates multiple times in the coming years for a wide array of […]
Study: Venezuela quickly becoming more miserable than other nations
It looks like the Vice Ministry of Supreme Happiness for the Socialist People was not a success. Rather than a new government department or public initiative, people would much prefer food if they wish to be happy. A new study suggests that Venezuela is quickly becoming the most miserable place on earth. The 2017 World […]
Buy local to save the planet? ‘Dead wrong’ says Johan Norberg
For years, there has been a push to buy local in order to be environmentally-friendly and to help the mom and pop shops in your community. Indeed, you can’t buy purchase an Apple computer that was manufactured in Biloxi, Mississippi, but you can still buy a locally-grown apple to be green, right? You’re “dead wrong,” […]