Tag Archives: federal reserve
Reaching for Yield
Reaching for Yield By Dennis Miller, Editor, Money Forever With the Fed buying $85 billion in government debt every month, effectively holding interest rates far below the rate of inflation, many seniors are struggling to make ends meet. It is … Continue reading
Coming Uncorked
On Tuesday something incredible happened. The Dow closed above 15,000 for the first time ever. What a joy to be alive and bear witness to the great miracle of our time. Whereas just 100 years ago the new marvels were … Continue reading
Another All Time High
The Labor Department reported last Friday that 165,000 new jobs were added to the economy in April. That’s nothing to write home about, you’d think. But, nevertheless, the mainstream press got excited because it was ‘better than expected.’ On top … Continue reading
Overloaded with Debt and No Jobs to Be Had
The Federal Open Market Committee met on Tuesday and Wednesday. The masses waited with anticipation. What did they talk about? Generally, they talked about price controls. More exactly, they talked about controlling the price of the economy’s most important and … Continue reading
