Another Massive Deficit With More Spending Coming Down the Pike

Another Massive Deficit With More Spending Coming Down the Pike

Mar 13, 2020 | Economy

The US is heading for economic lockdown as the impact of the coronavirus grows. To cope with the crisis, President Trump has promised fiscal stimulus. The actual plan remains unclear, but the Trump administration has floated a reduction in payroll taxes, along with...
Shhhh: Repo Operation Madness in Process

Shhhh: Repo Operation Madness in Process

Feb 5, 2020 | News

In a bit of holiday news no one will care about, the Treasury announced it would return to selling twenty-year treasury bonds to aid in funding the nation’s trillion-dollar deficit. It was 1986 when the Treasury last issued twenty-year paper. Of course the...