Helping You Survive and Prosper in the Greater Depression
Here is the full statement from the Federal Open Market Committee (FOMC) following its February meeting: Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate … [Continue reading] about ‘Ongoing Increases’: Read full FOMC statement from February meeting
The Federal Reserve will complete its two-day Federal Open Market Committee (FOMC) policy meeting on Wednesday. With inflation showing signs of cooling down and the economy slowing, will the U.S. central bank keep raising interest rates, or will … [Continue reading] about Markets expect 25-basis-point rate hike at tomorrow’s FOMC meeting
The Federal Reserve says that labor data will play a key role in its decision to raise interest rates or hit the pause button. Many economists have been concentrating on the latest Employment Cost Index (ECI). The Bureau of Labor Statistics … [Continue reading] about Inflation-adjusted Employment Cost Index (ECI) shows negative wage growth again
The Treasury Department has zero faith that the U.S. government will ever resolve its addiction to the national debt. Or does it think that it can just forever monetize the debt? Whatever the case, new projections from the Treasury suggest that … [Continue reading] about Treasury forecasts debt as a percentage of GDP will soar to 700% by 2090
Billionaire Bill Gates was once again asked about his relationship with Jeffrey Epstein. Gates seemed rather uncomfortable when asked about it. Here is the exchange from an Australian news … [Continue reading] about Bill Gates: “I had dinner with’ Jeffrey Epstein and ‘that’s all’