On April 22, millions of people all over the world will come together, hold hands and celebrate Earth Day. This is the day that is meant to agree and show support for environmental protection initiatives. It’s an admirable concept, but it’s still a day with feigned and hypocritcal outrage. Let’s face it: Earth Day is […]
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ECB keeps subzero interest rates unchanged BUT open to further rate cuts down the line
Low rates continue, helicopter money grows. The European Central Bank (ECB) announced Thursday that it will keep its interest rates the same. ECB President Mario Draghi confirmed that its keeping its main refinancing rate unchanged at 0.0 percent; the marginal lending rate unchanged at 0.25 percent and the deposit facility rate unchanged at -0.4 percent. […]
Donald Trump wants to keep interest rates low, prefers not to be ‘aggressive’ in paying off $20 trillion debt
Surprisingly, the only current presidential candidate that is mentioning anything at all about the Federal Reserve is Donald Trump. Hillary Clinton has remained quiet, Bernie Sanders ignores it entirely and Ted Cruz, who was pretty good at the start, hasn’t said anything lately (SEE: David Stockman asks valid question: ‘Why does the Federal Reserve get […]
RIP Andrew Jackson; U.S. Treasury places Harriet Tubman on $20 banknote
It’s official! United States Treasury Secretary Jack Lew announced Wednesday that he is kicking off Andrew Jackson from the $20 banknote and is replacing the former president with abolitionist Harriet Tubman. Meanwhile, statist Alexander Hamilton will stay on the $10 bill. As part of a 10-month discussion, Lew will appease women’s organizations who want better […]
The U.S. should emulate socialist Sweden? ‘Dead Wrong’ says Johan Norberg
The 2016 presidential campaign, at least on the Democratic side, has been about espousing the supposed virtues of countries like Sweden and Denmark. Bernie Sanders keeps harping about how the United States must emulate the Scandinavian countries. Should America become like Sweden? Nope, says Johan Norberg of the Free to Choose Network. Be sure to […]