Some people support sales taxes because sales taxes discourage consumption and encourage savings and investment. While savings and investment are crucial to a free market..
Stock investors don’t believe Powell because the Fed lost most of its credibility in recent years by promising it could do quantitative tightening on autopilot..
A large bipartisan contingent of Wisconsin legislators seek to end Wisconsin’s controversial practice of levying sales tax on purchases of gold and silver.
It seems all we ever read is excuses to cover for whatever the raw numbers show, instead of investigation of the lies and errors in all the adjustments, which are increasingly obvious..
I think the Fed will raise rates another 1‒2 times by 25 bps, taking the fed funds rate to my original target last year of 5%+. These hikes are beginning..
The bottom line is 2022’s Fed gold anomaly is unwinding. Gold didn’t soar last year as inflation raged out of control in its first inflation super-spike since the 1970s thanks to..
Yes, the very same person who had to walk back his ridiculous pronouncements in 2021 and 2022 that inflation was "transitory" now wants us to believe that inflation..
This long overdue structural reset is one reason that we think inflation could run higher than pre-covid levels for some years to come. But the Fed is limited in its options..
