How the Federal Reserve Is Killing America
It’s maddening. The divide between haves and have-nots is widening every day. There are fewer and fewer good jobs to be had. And maybe worst of all, according to a survey by the nonprofit Employee Benefit Research Institute and Greenwald & Associates, about 36% of workers have less than $1,000 in savings and investments that could be used for retirement (not counting their primary residence or defined benefit plans and traditional pensions), and 60% of workers have less than $25,000.
Dec 22, 2017 | Shah Gilani |
Your Pension Is a Lie: Our Government Can’t Fulfill $210 Trillion of Liabilities
Federal debt as a percentage of GDP has almost doubled since the turn of the century. The big jump occurred during the 2007–2009 recession, but the debt has kept growing since then. That’s a consequence of higher spending and lower GDP growth. In theory, Social Security and Medicare don’t count here—their funding goes into separate trust funds. But in reality, the Treasury borrows from the trust funds, so they simply hold more government debt.
Oct 10, 2017 | John Mauldin |
Why You Still Can’t Trust Your Financial Adviser
With the Fiduciary Rule in doubt, seeking professional advice on your money remains a dangerous proposition.
Jun 07, 2017 | Ben Steverman |
The Federal Reserve May Force Us to Use Its Fedcoin Cryptocurrency Soon
The US Federal Reserve will not only issue its own cryptocurrency but also make sure Americans use it. There will be an important difference between Fedcoin and more traditional cryptoledgers. One difference will be that the government will have the right to eliminate funds held by an individual. They will have the ability and right to take your money. Learn more about it here.
Jan 12, 2017 | Wendy McElroy |
Here’s Why and How the Government Will Borrow Your Retirement Savings
$7.3 trillion is held in individual retirement accounts. That’s an appetizing figure, especially for a government that just passed $19 trillion in debt and is in pressing need of new funding sources. Here’s how the government confiscated pension funds in the past, and how it may take your retirement savings in the future.
Feb 15, 2016 | Simon Black |
The War on Cash Officially Sanctioned
Why are governments suddenly acting as if cash money is a bad thing that must be severely limited or eliminated? Learn more about the “war on cash very few talk about.”
Jun 13, 2015 | Charles Hugh Smith |