There’s been a lot of talk about negative interest rates as of late. With tepid economic growth, central banks have instituted subzero rates to invigorate the economy and resuscitate the consumer. Is the United States about to experience negative interest rates? Not anytime soon, says JPMorgan Chase CEO Jamie Dimon. Speaking in an interview with […]
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Peter Schiff says stagflation is Federal Reserve’s ‘nightmare scenario’
Economists and central bankers are celebrating after it was reported by the Bureau of Labor Statistics (BLS) that inflation rose 2.2 percent year-over-year in the month of January. This turned out to be the biggest jump since 2012, and exceeded the Federal Reserve’s two percent target. Not everything thinks this is all sunshine and lollipops, […]
Just how big is America’s national debt? Watch this video to find out
Learn Liberty is out with a tremendous video that attempts to answer the question: “How big is the U.S. debt?” The video crunches the numbers, including the national debt totaling $19 trillion and unfunded obligations exceeding $70 trillion (that number is likely greater). Simply put: you could confiscate the wealth of the top one percent […]
Understanding the Federal Reserve’s Shell Game
By: Dan Sanchez The Federal Reserve is a key component of the American Transfer State. Under the guise of “macroeconomic management,” it redistributes vast amounts of wealth on an ongoing basis through inflation. The victims of these transfers are ordinary Americans. The beneficiaries are the government and its elite cronies. The Fed masks the nature […]
Ron Paul: Bernie Sanders is ‘a part of the military industrial complex’, Trump and Clinton are the same
Is there a difference between Hillary Clinton and Donald Trump? From a libertarian point of view, there isn’t, says former Texas Republican Congressman Ron Paul. The three-time presidential candidate was interviewed by CNN during Super Tuesday and was asked for his opinion on the 2016 race for the White House. In typical Paul fashion, he […]