What is Money? Who Controls Money?
(Mises)—J. P. Morgan famously said this in his testimony before Congress in 1912: “Gold is money. Everything ...
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Tag: Credit
Ballooning Credit and Rate Cuts: A Perfect Storm for Default
(Schiff)—With consumer debt reaching record levels, the Federal Reserve contemplating rate cuts in 2024, and post-Covid ...
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The Credit Crisis Will Affect Everyone and It Is Worse Thank You Think
(Epic Economist)—If you’re worried about your finances, you’re far from alone. U.S. banks are warning that ...
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Biden’s New Intersectionality: Where Equity Policies Meet Bad Economics
In the summer of 2020, the Smithsonian Institution created a chart meant to condemn what it calls “whiteness,” ...
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A Credit Crunch Is Inevitable
Federal Reserve data shows $98 billion of deposits left the banking system in the week after the ...
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Americans Should Prepare for a Credit Crunch, Experts Warn
The recent banking crisis in the United States has led to widespread concerns of a looming ...
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“The Banks Are Melting” and Signs of a Major Credit Contraction Are Already Starting to Emerge
When there is fear in the air, banks start getting really tight with their money, and ...
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Americans Falling Behind on Credit Card and Loan Payments as Inflation Persists
As inflation and the price of consumer goods continue to rise, reports indicate that American consumers ...
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Americans Are Increasingly Turning to Credit Card Debt and Short-Term Loans as the Cost of Living Becomes Extremely Painful
The “American Dream” is not as affordable as it once was. In fact, tens of millions ...
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