Economy

The measure of money in the system, known as M2, is skyrocketing with the Biden administration adding another $1.9 trillion into the economy. Should we worry about a hyperinflationary surge like we saw in the late 70s or, are the deflationary pressures on the economy still present?

Bank transactions with wayward hedge funds, including Archegos Capital, is merely the latest warning sign of such banking mismanagement and increased risk ahead.

The top 10% of the richest people in the United States held 69.8% of total U.S. net worth (which is the value of all assets a person holds minus all their liabilities) as of Q1 of 2021.

The U.S. economy is literally on perpetual life support. Recent events show too clearly that unless fiscal and monetary stimulus continues, the economy will fail and, by extension, the stock market...

There are two specific reasons why runaway inflation did not happen a decade ago, and why it won’t likely happen now, either:

Warren Buffett has been a vocal critic of Bitcoin in recent years, repeatedly dismissing the cryptocurrency as worthless and a risky, speculative asset. Here are 16 of his best quotes.

The Federal Reserve is now trying to figure out ways to boost inflation expectations... so that Americans are encouraged to spend more before their money is worth less. Unfortunately, not only will their money soon be worth less, it will literally become worthless! Words: 904

Greed is a powerful motivator, but in the extreme it is cause for fear. Below we provide 10 reasons to be fearful.

To hear Federal Reserve officials, politicians and mainstream financial media pundits tell it there is no inflation... but inflation defined correctly is rampant. In fact, it is at all-time record levels.

“Buy as much house as you can,” real estate agents urged clients. “The more you buy, the bigger your tax break” is their advice using the mortgage interest deduction (MID) to explicitly promote over-investment in housing. Unfortunately, such advice fueled the previous housing boom and exacerbated its bust and could do so again.