There is a popular school of thought that believes most economic stability is purely psychological; that the health of the economy relies on the population NOT knowing the true state of things. In other words, "ignorance is bliss."
The very same day Vice President Kamala Harris slammed Donald Trump's plan to institute new tariffs on products Americans buy from abroad as a "Trump sales tax," the Biden administration dropped... new tariffs on products Americans buy from abroad.
With equity markets, real estate, and other financial asset values at or near all-time highs, that small minority of citizens who primarily benefit from the Wall Street economy have never been more well-off in financial terms, at least on paper.
MAN OF THE PEOPLE: Donald Trump Vows to Eliminate Taxes on Overtime Pay if Elected – First Proposed by His Friend Wayne Root Last Week on Gateway Pundit
Here is a head-scratcher. During the long 46-year stretch from February 1974 to February 2024 "required reserves" in the US banking system climbed steadily from $35 billion to $208 billion.
• https://www.paulcraigroberts.orgPaul Craig Roberts
In the 1970s when I served in the congressional staff and in the 1980s when I served in the executive branch, there was still some intelligence in the US government, with the exception of the Federal Reserve, where there has never been any intelligen
A short time ago, one of your respective authors was driving back to his home in the sticks after a busy day tending to business matters in the city. In a small town on the way, a familiar sight was on the curb in front of a neighborhood house.
He made his money in the stock market, and so why is he now pulling money out of the stock market at a feverish pace? Does he anticipate that a crash is coming?
Former President Donald Trump addressed the Economic Club of New York Thursday outlining his plan to revitalize the American economy, including by creating a "Government Efficiency Commission" headed by Elon Musk, implementing energy, tariff and
The IRS has made little progress in complying with a Treasury Department directive that asked the agency not to target people earning less than $400,000 a year with higher audit rates, according to a recent report by the Treasury Inspector General fo