If Congress relied on federal printing presses to fund its spending, then by definition the spending footprint of Congress would be very small. Yes, you read that right. No need to read it again. To ...
Even beggars turned up their noses to the German mark in the 1920s. It’s true. While wheel barrows full of marks continue to animate simplistic economic history, the reality is that the marks in the ...
Money is ruthless. The genius of compounding confirms the previous truth. This rates mention as economists Yeva Nersisyan and L. Randall Wray promote the fiction that U.S. “cannot default on debt ...
Out-of-control printing of the U.S. dollar is forcing inflation on China, pushing up prices for commodities and labor, trade minister Chen Deming says in an escalation of rhetoric over currency and ...
Does anybody besides Federal Reserve Board Chairman Ben Bernanke really believe the U.S. economy is not suffering from increasingly serious inflation? Bernanke — like the rest of us — has seen soaring ...
The U.S. Dollar Index (DXY) fell to 97.96 on Dec. 23, the lowest level in eleven weeks after Oct. 3. Source: U.S. Dollar Index (DXY), MarketWatch The DXY is an index that measures the value of the USD ...
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