Don’t Forget the Notes to the Financial Statements!
The notes to the Fed’s Financial Statements read like a disclaimer at the end of an Rx drug commercial.
Power & Market
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Round 2: Reading the Fed’s Balance Sheet
Yesterday we reviewed the Fed’s Statement of Operations finding many peculiarities such as: a $16 billion capitalized loss, $2 billion spent by the
How to Read the Fed’s Statement of Operations
In 2021 there were over 23,000 people employed by the Federal Reserve System. Last year nearly $4 billion went to salaries and benefits and another $1 billion into the pension plan.
Mississippi Becomes the 43rd State to End Sales Taxes on Gold and Silver
With the stroke of Gov.
Arkansas Passes Legal Tender Act, Removes Taxes on Gold and Silver
Sound money advocates are rejoicing as House Bill 1718, the Arkansas Legal Tender Act has become the law in the Natural State.
Federal Deposit Insurance Isn’t Insurance
Every form of insurance that the state touches dies.
Meanwhile at the Fed....
Recently, the Fed raised interest rates by 0.25 percent
Three Congressmen Introduce Gold Standard Bill to Stabilize the Dollar’s Value
As America faces the twin threats of inflation and bank failures, three U.S.
