03.29.2022

Biden is trying to deny the laws of economics with our food supply just as he thinks he did with energy

By Sheryl Kaufman A few Executive Orders quite quickly flipped the U.S. energy supply situation from surplus to shortage. Just wait until you see what they can do to the world food supply. President Joe Biden campaigned on destroying the American fossil fuel industry. On […]

03.16.2022

Fed hikes key interest rate too little, too late to combat 7.9 percent consumer inflation, 10 percent producer inflation

monopoly-money

By Robert Romano The Federal Reserve on March 16 has hiked the Federal Funds interest rate for the first time since 2018 in response to 7.9 percent consumer inflation and 10 percent producer inflation , according to the latest data from the Bureau of Labor Statistics. Here, the central bank is raising the interbank lending interest rate to 0.25 to 0.5 […]

03.16.2022

Reality stranger than fiction as FDA allows human trials for computerized brain implants

By David Potter Reality is stranger than fiction. Today, people with computerized brain implants inhabit the earth. Though ethical concerns and hardware limitations remain, biotech companies seem determined to move forward with their plans to bring such devices to the masses as health agencies across the globe are even […]

03.15.2022

After Covid, 16-64-year-old working age adults have not fully reentered the labor force as inflation-induced recession looms

By Robert Romano After Covid, the employment population ratio of 16- to 64-year-old working age adults — the percentage of people legally eligible to work who are working — has declined 1.9 percent, from a peak of 71.4 percent in 2019 to 69.4 percent in 2021, according […]

03.14.2022

Will the Biden crypto executive order spell end of anonymity and establish carbon regs for mining?

Cryptocurrencies were once thought of as the wild west of digital transactions. At crypto’s birth, there was little to no oversight or regulation. It was only a matter of time before governments worldwide would start reacting to this new technology — and regulating it. For the U.S., that happened on March 9 […]

03.10.2022

With inflation on fire at 7.9 percent, Congress pours on more gasoline with another $1.5 trillion omnibus spending bill

By Robert Romano Inflation has hit 7.9 percent over the past twelve months, according to the Bureau of Labor Statistics , amid more than $6 trillion of new spending and borrowing by Congress to fight Covid, compounded by the supply chain crisis that was also caused by Covid as oil has surged to well over $100 a barrel . And, even with inflation […]

03.03.2022

At zero percent interest rates, the Federal Reserve has zero room to maneuver if there’s another recession

By Robert Romano “With inflation well above 2 percent and a strong labor market, we expect it will be appropriate to raise the target range for the federal funds rate at our meeting later this month.” That was Federal Reserve chairman Jerome Powell on March 2 at the House Financial Services Committee , forecasting that the Federal Reserve will indeed begin hiking interest […]

03.01.2022

Biden’s inflation is raging at 7.5 percent because we borrowed and printed more than $6 trillion fighting Covid, not because of the semiconductor shortage, which was also caused by Covid.

By Robert Romano “With all the bright spots in our economy, record job growth, higher wages, too many families are struggling to keep up with their bills. Inflation is robbing them of the gains they thought otherwise they would be able to feel. I get it… One […]

02.23.2022

Governments Worldwide Rush to Regulate Cryptocurrencies

By David Potter Blockchain is an emerging technology with frequent developments and innovations. Thus, blockchain-based cryptocurrencies may not yet be present in their final form. In 20 years from now, it is uncertain whether cryptocurrencies will decentralize power away from government and corporations or add to their […]

02.13.2022

With inflation here to stay, here’s what to expect

By Catherine Mortensen Half of Americans alive today have never experienced the kind of runaway inflation that Joe Biden’s out-of-control spending has unleashed on the country. That’s because they weren’t even born until Jimmy Carter’s inflation was well under control in Ronald Reagan’s second term. Because I […]

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