In May, the Treasury Department released the Biden administration’s revenue proposals for fiscal year 2022. One aspect of this document that has gone under-reported is the administration’s new plan for reporting requirements for financial institutions. The...
Over the past couple of years, we have become accustomed to expecting the unexpected, but soon we may have to start anticipating the unthinkable. In this article, I am going to be discussing a couple of potential scenarios that would have been unimaginable to the...
I’ve been writing about the possibility of higher inflation for months, and now it looks to have finally made landfall. May’s headline consumer price index (CPI) came in at 5% year-over-year, the highest in over a decade. The real rate is likely even higher. Energy...
The Federal Reserve has added $2.6 trillion to the US economy since the start of 2020. These actions, along with recent fiscal spending programs, have caused many economists to worry about the risks of price level inflation and overheating of the economy, potentially...
The Federal Reserve has recently started to use the word “transitory” when describing inflation pressures in the U.S. economy. What they’re trying to indicate is that we shouldn’t worry, the pressures we are seeing right now will eventually pass. But that’s...
Used car prices in the U.S. continue to skyrocket as a result of both the country’s economic recovery and an ongoing supply crunch. The Manheim U.S. Used Vehicle Value Index has continued to soar through the month of April, to a new record, as a result of the...
The U.S. Dollar has been King for over 80 years. That officially ends this decade! China’s reinvention of money, ‘Digital Yuan’, has given them the first mover advantage. Every Government has to adjust or be left behind.
Find out why in this special report!
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