We’re currently on a precarious economic path due to our continued reliance on fiat currency, which isn’t backed by tangible assets like gold or silver. This system allows the federal government to produce large sums of this currency, causing its...
Have you heard the phrase “credit crunch” a lot lately? Many people are worried because officials at the Federal Reserve aren’t sure if it will cause one and news outlets are warning about how it will affect the economy. But what exactly is a credit...
Why Janet Yellen’s last-minute meeting with financial regulators could lead the Fed to lower interest rates. Janet Yellen, who is the Secretary of the Treasury, recently held an emergency meeting with financial regulators. This meeting led to rumors that...
The Swiss National Bank (SNB) has announced that it will suffer a record loss of 132 billion Swiss francs (CHF) in 2022, equivalent to $143 billion. This represents the biggest loss in the 115-year history of the bank. The loss is a result of the SNB’s efforts...
The Federal Reserve, led by Jerome Powell, has recently announced a pivot in their monetary policy. This pivot will allow the Fed to revert to an easy money policy, which means that they will be able to print more money and stimulate the economy. This change in policy...
The Saudis want to break free from U.S. influence and hedge their bets with China and the Russians
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