Jerome Powell made headlines this week, and not just because the Fed decided to cut rates again. Just two days after Trump’s re-election, Powell held a press conference where, among other things, he declared that he would not step down if the president asked him to. Oh. This bold move underscores something many people don’t […]
Central bank digital currencies (CBDCs) are becoming a hot topic in the financial world, with many countries exploring their potential. However, the implementation of CBDCs poses a number of serious dangers, particularly related to inflation, the power of the Federal Reserve, and the potential for political manipulation. Inflation Inflation is one of the main concerns […]
We don’t have to tell you that something terrible has happened to our money. It’s evident anywhere you look. Remember back in the 80’s, when you could actually buy something for a quarter? Prices have gone up, and the value of the dollar has gone down. But why is that? And how has it affected […]
Why is everything so expensive right now?! The answer is inflation, but it’s not caused by corporate greed like they want you to believe—it’s caused by the Fed. Here’s how: Inflation, at its core, is when there’s too much money floating around, and it ends up making each dollar worth less. For example, if the […]
