Yellen Imitates Bernanke and Greenspan with Declaration that Economy is A-OK
Yellen has announced that the economy is safe in our lifetimes. She follows in the footsteps of two great Fed Chair prognosticators.
Yellen has announced that the economy is safe in our lifetimes. She follows in the footsteps of two great Fed Chair prognosticators.
The social advantages of eliminating physical cash are minimal, and economists tend to ignore the many costs that a cash ban would create.
The US has spent untold billions on foreign policy favoring the Saudi dictators. Under Trump, it looks to get even worse.
It's becoming increasingly clear the Bank of England is sticking to an uncomfortably aggressive quantitative easing program.
The team at the Bank of Canada has confused cause and effect once again.
Once the Super-Bubble pops, we will see what people demand as the ultimate means of payment: gold or cyber units, or both.