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Fischer farewell: Departing Fed vice chair calls for Trump to reappoint YellenOct 13, 2017 - 10:41:12 PDT
"Janet is a safe pair of hands," Stanley Fischer tells CNBC on his last day as vice chairman of the Federal Reserve.
Bank of Japan Governor Haruhiko Kuroda on Thursday stressed the central bank's resolve to maintain its ultra-loose monetary policy, even as its U.S. & European counterparts begin to dial back their massive, crisis-mode monetary stimulus.
The euro zone continues to need substantial monetary stimulus as the European Central Bank has not yet managed to increase inflation sufficiently, ECB President Mario Draghi said on Friday.
According to the Bank of England, household unsecured credit availability sank to its lowest level in 10 years. While household secured credit availability was also in negative territory, it was not as bad a unsecured credit availabilty. The reason? Consumer lending curb to slowdown a hot…
(Its October 12th & … Crickets)Y es, allegedly The Federal Reserve was going to start its balance sheet unwind in October 2017. But as of October 11, 2017, .... crickets. Maybe next week, Hardy Boys!!
Ron Paul discusses the dangers of Big Brother's War on Cash.
Gold is up almost 4% this week, surging back above $1300 as China gets back from holiday...
Eric says that two of the four precious metals are in serious deficits. Here's the latest on how close the COMEX is to having their frauds exposed for all to […]
Listening to CNBC and Bloomberg TV, you might have gotten the impression that Hurricanes Harvery & Irma created such extensive damage (they did) that there would be labor shortages and a big rise…
But we think it's clear what is driving the optimism... total delusion!
President Trump released his proposed 2018 Federal Budget. The battle lines are drawn. Expect to be inundated with articles like "The rich get richer, and the poor get..." We will quickly be fed up with class warfare, emotional bleeding hearts and hysterical politicos distorting statistics while pandering votes.
Warren Buffett was right about taxes. But not for the reason you might think.
The Revolution of 1913 THE CIVIL WAR income-tax law, or laws, underwent several changes; but each change specified the same terminal date, 1870. Political promises being what they are, the last law was continued until 1872. […]
Government creates nothing to advance society or to increase GDP in any positive manner.
Voters have had enough. The American people are frustrated and rightly so.
Trump is halting some Obamacare subsidies. The move could mean that the government will end up spending almost $200 billion more on health insurance.
"We are not even close to being out of this emergency," said Mark Ghilarducci, director of the state's Office of Emergency Services.
As software eats the world, a dramatic shift is underway in both the technology and the doctrine of war
Congress was warned Thursday that North Korea is capable of attacking the U.S. today with a nuclear EMP bomb that could indefinitely shut down the electric power grid and kill 90 percent of "all Americans" within a year.
Hundreds of thousands of islanders are still struggling to obtain food and water