At critical junctures, Greenspan and Bernanke consistently veered toward looser and ever more precarious policy courses. Their monstrous egos put our nation’s wellbeing in jeopardy. When circumstances turned tough, they would resort to BS justification for only more outrageous monetary accommodation. Greenspan and Bernanke were both dangerous ideologues and inflationists that handed the keys to our nation’s future to Wall Street.
We haven’t looked at this fascinating ratio chart in a while, so let’s dust it off. This is the S&P 500 cash index divided by the M2 money supply. As a reminder, this is, to my way of thinking, a more honest reflection of the market…
Adults in the United States are suffering in their lives at a record level. That’s according to the latest in a survey series from Gallup. The share of adults rating their lives poorly enough to be considered ‘suffering’, according to Gallup’s methodol…
U.S. President Joe Biden has said he will cancel up to $10,000 student in federal student loans fees for American borrowers earning under $125,000 a year. He will also forgive as much as $20,000 for low and middle income groups who have received Pell g…
Severe droughts are happening all around the world at the moment, highlighting how extreme weather patterns have become more frequent through climate change.As rivers and lakes are drying up and reservoirs grow emptier, droughts have revealed historica…
With the shift towards e-mobility and electric vehicles well underway in a number of key global markets, some manufacturers are more on top of the trend than others. As data from EV-Volumes.com shows, General Motors certainly can’t be accused of lackin…
New research has found that as many as four million people could be out of work in the U.S. due to long Covid, making up around 2.4 percent of the country’s working population. Similar conclusions about the severity of long Covid have been reached abro…
This infographic shows just how impactful online travel platforms really are. In the EU alone, online travel platforms directly contribute 15 billion euros to GDP. When indirect GDP contribution is taken into account, this value more than doubles to 23…
Ukraine celebrates its Independence Day today, while simultaneously defending itself from the Russian invasion. While it may seem like all eyes have been on the country since Putin launched the attack on February 24, six months down the line, a tail of…
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