By: Jeff Deist Judy Shelton, a Trump nominee to the Fed Board of Governors, may not have coined the excellent term “Fed Bug,” but she used it to delicious effect in this 2019 Financial Times interview: “People call me a goldbug, and I think, well, what does that make them? A Fed bug,” she says. Can anyone the New York Times attacks this dishonestly be […]
One of the weirdest photos of Joe Biden you will see
Former Vice President Joe Biden should beat President Donald Trump in November just for the hilarity. Biden would be a lot more hilarious than George W. Bush. Of course, it would only be conservative media that would poke fun on Biden, while CNN and MSNBC would scold anyone who would dare laugh at Biden. Should […]
Federal Reserve’s Neel Kashkari recommends six-week lockdown to beat COVID-19
Should the United States shut down again for six weeks? One Federal Reserve official thinks so. According to Minneapolis Federal Reserve head Neel Kashkari, the best way to support the economy and halt the resurgence of the coronavirus pandemic is to close the coutnry for up to six weeks. Co-writing an op-ed in The New […]
Random Friday: July jobs report, money supply growth stalls?, 46 minutes of Joe Biden
News Story of the Day: The U.S. economy created 1.763 million new jobs in July, beating the market forecast of 1.6 million. This is down from the 4.8 added jobs in June. The unemployment rate slipped to 10.2 percent, coming in lower than the 10.5% reading in the previous month. Hiring did slow down a […]
Gold inching toward $2,100, silver surges 6% to test $29
The sudden spike in gold and silver has been impressive, although it is unsurprising considering the inflation bomb about to go off. At the time of this writing, gold prices topped $2,070, while silver is nearing $29. With the Federal Reserve admitting that it will not tolerate deflation and is trying to increase inflation, more […]