Economy

Image for 1.2 Million More Americans Seek Jobless Benefits

1.2 Million More Americans Seek Jobless Benefits

Coronavirus lockdowns destroying US economy

6 hours ago By Voice of America

Image for Economist Warns of Fed’s Commitment to Let Inflation Run

Economist Warns of Fed’s Commitment to Let Inflation Run

Says Fed doesn't look at 'real rate of inflation'

7 hours ago By Schiff Gold

Americans Owe Over $21 Billion in Back Rent

Ripple effect set to devastate country

1 day ago By Michael Maharrey | Schiff Gold

Trump Mulls Bypassing Congress to Suspend Payroll Tax

President seeking creative ways to aid American workers amid coronavirus crisis

1 day ago By Sputnik

  • Latest

Aug 05, 2020

Aug 04, 2020

How Central Banks Made the Covid Panic Worse

Thanks to central banks, people now believe the myth that it is possible to shut down the economy and everything will be fine if we just print a lot of new money

Aug 04, 2020

Why Keynes Was Wrong about Consumer Spending

In the real world, an artificial boost in demand that is not supported by production leads to the destruction of a society's wealth

Aug 04, 2020

Trump Fires CEO of Tennessee Valley Authority for Outsourcing Jobs to Foreign Workers After Meeting With U.S. Tech Workers

"Let this serve as a warning to any federally appointed board: If you betray American workers, then you will hear two simple words: ‘You’re fired'"

Aug 03, 2020

Aug 03, 2020

The Fed Is Planning To Send Money Directly To Americans In The Next Crisis

In short, ever since the Fed launched QE and NIRP, it has been making the situation it has been trying to "fix" even worse, all the while blowing a massive asset price bubble

Aug 03, 2020

Stories Of Economic Despair From America’s Worst Economic Downturn Since The Great Depression Of The 1930s

America simply was not prepared for an economic downturn of this nature, and the truth is that much bigger challenges are still ahead

Aug 03, 2020

Shock Survey Finds That Funding Is Being Reduced For “Nearly Half” Of All Major City Police Departments In America

People are angry and frustrated, and our society seems to be coming apart at the seams all around us

Aug 01, 2020

Dollar crash will topple the entire US ‘house of cards’ economy by year end – Peter Schiff

“The entire house of cards economy that has been erected over the years, and the Federal Reserve has been the architect of this house of cards economy, is rested on the foundation of the dollar’s reserve currency status."

Jul 31, 2020

The Effects of a Growing Money Supply

Economic growth results from increasing production, and the money supply is always sufficient to foster exchange. The boom-bust cycle only occurs when production is distorted by a growing money supply

Jul 31, 2020

US Energy Giant Suffers Earnings Bloodbath

Chevron shares slide after recording historic quarterly loss

Jul 31, 2020

We Are Experiencing Economic Devastation On A Scale That America Has Never Seen Before

A great unraveling has begun, and it is imperative for all of us to find a way to survive the severe economic pain that is ahead of us

Jul 30, 2020

Economist Rips Central Banks’ New Status Quo: Unlimited Money-Printing

Fed committed to 'do whatever it can, for as long as it takes'

Jul 30, 2020

Trump Signs Permits to Export Texas Oil to Mexico Through New Infrastructure

President green-lights new pipeline at southern border

Jul 30, 2020

Economic Nightmare: Nearly 50 Percent Of All The Jobs Lost During The COVID-19 Pandemic “May Be Gone Permanently”

History has shown that wildly printing money doesn’t work, but the U.S. is going down the exact same path, and it isn’t going to be pretty

Jul 29, 2020

Economist Slams Fed’s Response to Pandemic

Says borrowing, spending, money printing going to collapse dollar

Jul 29, 2020

Goldman Sachs Warns Dollar Could Lose Its Reserve Status

Economist says debt’s going to keep on rising until dollar implodes

Jul 28, 2020

The Myth of the Failure of Capitalism

It is true that socialism and interventionism have not yet succeeded in completely eliminating capitalism. If they had, we would rediscover the meaning of hunger on a massive scale

Jul 28, 2020

Expert Raises Alarm Over Imminent Eviction Wave

"Like nothing we’ve ever seen"

Jul 28, 2020

Fed Extends Emergency Lending Programs Through End Of Year

Policy indicates economy needs more help

Jul 27, 2020

Senate GOP, White House Propose Slashing $600 Weekly Unemployment Bonus To $200

Officials feud over $1 trillion stimulus bill aimed at mitigating economic fallout from lockdowns

Jul 24, 2020

Jul 23, 2020

Wisconsin Bank Pays Above Face Value For Coins Amid Shortage

A trial run by elites to push a cashless society?

Jul 23, 2020

Number of Permanent Business Shutdowns Rising

“V-shaped” economic recovery likely to never materialize

Jul 23, 2020

Trump Wants Pandemic Relief Legislation to Include Direct Payments to Public – Mnuchin

Treasury Secretary Mnuchin announces no payroll tax cut after White House concedes to GOP

Jul 22, 2020

Could the Economy Survive a W-Shaped Recovery?

The US has experienced a W-shaped recovery before

Jul 22, 2020

A Rising Demand for Money Won’t Save Us from Inflation

The conventional view is that new money creation is no problem so long as the demand for money is increasing. The conventional view is wrong

Jul 22, 2020

The World Is Drowning in Debt

Debt is neither free nor irrelevant, as interventionists want us to believe, even if interest rates are low. More debt means less growth and a slower exit from the crisis, with lower productivity growth and a tepid employment improvement

Jul 22, 2020

Gorging on Debt to Survive the COVID-19 Economy

Our current position on debt seems to be akin to saying the only way to keep from drowning is pouring more water over the victim

Jul 22, 2020

Debt Soars as Central Banks Globally Encourage More Borrowing

Policies exacerbating disconnect between financial markets, real economy

Jul 21, 2020

Stocks Slide After McConnell Says No Relief Bill By Next Week

Senate leader's remark a stark contrast to Treasury Secretary Steven Mnuchin's prediction

Jul 21, 2020

Mortgage Delinquencies Soar

Lockdown's economic impact a disaster for Americans

Jul 20, 2020

GOP Stimulus Bill to Include Direct Payments, Reduced Unemployment Boost

Trump admin wants to create incentives for companies to hire their workers back

Jul 20, 2020

NYC Landlords Slash Prices on Rentals as Residents Flee

Big Apple in freefall amid riots, violence, lockdown

Jul 20, 2020

As America’s Economic Suffering Grows, The Calls For More Socialism Grow Louder

It is during moments of great crisis that we find out who we really are.