US Airlines Reach Agreements with Treasury for Federal Loans
Back in March when the CARES Act was put in place, the federal government earmarked approximately $25 billion of taxpayer-funded
Read more
US Treasury
Foreign Countries Reducing US Treasuries, Opt for Gold Reserves
As the vast majority of the global economy was shut down in response to the severity of the coronavirus pandemic,
Read more
Inflation: US Fed Forgetting About Basic Economic Theory While Pumping Money into Economy
It has been famously stipulated by economists Milton Friedman and Anna Jacobson Schwartz that the Great Depression was largely caused
Read more
Foreign Countries Are Dumping Treasuries at a Rate so Fast the US Had Set up a Foreign Repo Market
In a statement on Tuesday, the Federal Reserve bank the establishment of a temporary Repo Facility to help support the
Read more
Corporate Welfare: New Fed Measures Will Make Taxpayers the Bagholder!
I spoke with a banker last week who said to me “from my view, the Fed’s balance sheet is like
Read more
Mnuchin: Fed to Make $4 Trillion Dollars of Loans Available to Small Businesses, Plus $3k Cheque to Families
Sweet Jesus! This morning US Treasury Secretary Steven Mnuchin was on Fox Business and said the US will lend up
Read more