Tag Archives: dollar
Why the FOMC Wants to Cut Rates
Capital follows a wide-ranging lifecycle. First it is imagined. Then it is produced. Later it is consumed. Ultimately, it is destroyed. How exactly this all takes place involves varying and infinite undulations over decades and centuries. Continue reading
Dollar Debasement as A Matter of Policy
Michelle Mack thought she had it made. The suburban mom was living the high life with her husband and kids in their $3 million mansion in northern San Diego County. But that was before December 6, 2023. This was the day police raided her home, put her in handcuffs, took her away in her PJs and slippers, and threw her in the pokey. Continue reading
How to Outperform the Stock Market in 2024
Following the federal open market committee (FOMC) meeting on December 12 and 13, 2023, the Federal Reserve announced it would be holding the federal funds rate within a range of 5.25 to 5.5 percent. The Fed, by way of its dot plot, also signaled there would be three 25-basis point rate cuts in 2024. Continue reading
Once Upon a Time in Flagstaff
All these Treasury purchases by the Fed will serve to lower interest rates. But remember, to purchase this massive supply of Treasuries the Fed will use credit that’s created out of thin air via ledger notations. Continue reading
