Federal Reserve
By Douglas French Laissez Faire Club Only in government speak can more = less We thought for sure the shrill cries of Sequestration hell, fire and brimstone were going to get Congress to hit the panic button and reach a deal. As such, they didn’t. And while sequestration takes effect, we’ll leave you with this one [...]
Will the U.S. Dollar Be Replaced as the World’s Reserve Currency? Foreign Exchange Reserves are foreign money held by International banks for use in international trade and in an effort to diversify their holdings and hedge against the inflation of their own currency. The most common items bought and sold with their foreign exchange reserves [...]
Marcus Aurelius was the last of the “Five Good” Roman emperors and is also considered one of the most important members of the Stoic philosophers. He ruled Rome from 161 to 180 AD. He brilliantly said, “Look back over the past, with its changing empires that rose and fell, and you can foresee the future, too.” [...]
Gold-US Dollar Link The $1800 per ounce level continues to be a major technical resistance area for gold. After hovering near $1800 recently, gold moved sharply away from that level last week to close at $1735 an ounce. Despite that, more fund managers and analysts continue to point to a bright long-term future for gold [...]
Why monetarist theory is flawed Federal Reserve Chairman Ben Bernanke really means it this time. He will rescue the economy. Ben S. Bernanke for the first time pledged that the Federal Reserve will buy bonds until the economy gets closer to his goals … . The central bank yesterday announced its third round of large-scale [...]
The Federal Reserve- Is the Federal Reserve really doing such a bad job… or does it actually do exactly what it’s supposed to do, but the average American is in the dark about what that is? The Federal Reserve is merely a “Cartel” of Bankers whose primary purpose is to promote thier own interests and [...]
The Federal Reserve System- If you saw the HBO movie “Too Big to Fail,” you may have the notion that the Federal Reserve System, commonly known as The Fed, deals with high level banking issues that have worldwide implications. And you would be right. But The Fed also regulates banking functions that affect individual Americans, [...]
What is the Fiscal Cliff? The fiscal cliff that is the current hot topic in the news is a combination of automatic spending cuts and tax hikes that are scheduled to go into effect at the end of 2012 and the beginning of 2013. The spending cuts were triggered when congress failed to reach a deficit [...]
Impact of Inflation on Bonds Bonds are often considered a risk-free (or nearly risk-free) investment suitable for “widows and orphans”. While they are generally safe, they have several weaknesses in the modern marketplace, inflation, rising interest rates and default risk. Before buying a bond, make sure you understand how bonds and inflation work and how inflation impacts this special [...]
The Federal Reserve The Federal Reserve is essentially the Central Bank of the United States, and plays a vital role in the lives of every American. It makes decisions about monetary policy and interest rates that have a direct impact on the market. In fact, they use inflation targets to determine how much they want [...]
