Category: Economy

Economists Say Americans Will Bear The Burden Of The Monetary System’s Gradual Deterioration

According to an influential fund manager, author and economist, Daniel Lacalle, ordinary Americans can expect their wealth to be repeatedly chipped away as the monetary system gradually degrades, requiring progressively more intervention by authorities to perpetuate itself. However, it may take “a very long time,” for the system to actually break…


New Biden Budget Seeks Big Tax Hikes, Spending Increases & Mounting Debt

President Joe Biden is ready to unveil his proposed federal budget, his opening offer in a high-stakes debate about federal finances and is expected to use his budget proposal to score political points with his base rather than seriously engage in negotiations with Republicans about government finances as the U.S. nears its legal limit on borrowing…