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Remember back in 2017, when the Fed announced “Quantitative Tightening?” That meant selling some of the approximately $4.5 trillion of assets it accumulated on its balance sheet in after the...
"We print money digitally. As a central bank, we have the ability to create money.” —Jerome Powell on 60 Minutes May 17, 2020 A trillion of anything is a big, big number. One...
“And they who for their country die shall fill an honored grave, for glory lights the soldier’s tomb, and beauty weeps the brave.” —Joseph Drake What do you have planned for the...
Separating technology winners from losers is easier than most investors believe. In many cases, the competition was over long ago. Apple, Inc. (AAPL) has assembled some of the brightest minds in...
Fascination and enthusiasm for Bitcoin is running red-hot. And it's not hard to see why. On the pretext of pandemic panic, the U.S. Federal Reserve is printing and spending $41 billion a day....
As I walked my faithful dog this morning, I came across a goose sitting atop a neighbor’s roof. You couldn’t miss this goose. It was squawking like a Fiat being run over by a Mack truck. ...
As pandemic panic crushes the life out of the global economy, central banks are pouring trillions of dollars into the global money supply. And America's Federal Reserve is leading the way. ...
Thanks to coronavirus lockdowns, the U.S. economy is contracting faster than at any time since the Great Depression of the 1930s. Trying to soften the blow, the Federal Reserve has just printed...
Here’s a joke for you: A beautiful young lady was walking across a field in Oklahoma and comes across a talking frog. The frog said, “Lady, please help me. I’m the CEO of an oil company. I was...
During the midst of the Great Financial Crisis ... in July 2008 ... then-Treasury Secretary Henry Paulson made a stunning declaration. Speaking before Congress as the government-backed mortgage...