Subject: Stimulus and Your Wealth
Stimulus and Your Wealth
October 31st, 2020 at 8:50 am +07Stimulus and Your WealthHousehold Wealth plunged by a record-breaking $7.2 trillion during the first quarter of 2020. It then recovered all of that and more, $7.6 trillion, during the sec ...
Understand Money
October 24th, 2020 at 2:53 pm +07Understand Money Monetary Policy is the US government’s most powerful economic policy tool. The Fed is currently creating $120 billion a month and pumping it into the financial markets. ...
Bank Reserves Are Irrelevant. QE Works!
October 17th, 2020 at 9:03 am +07Bank Reserves Are Irrelevant.QE Works!Many people believe that when the Fed creates money through Quantitative Easing, that that money simply gets stuck in the banks as Bank Reserves and ...
Dire Consequences Without New Stimulus
October 4th, 2020 at 9:23 am +07Dire Consequences Without New StimulusIf Congress fails to pass a new economic rescue bill soon, the United States is likely to experience a new severe economic downturn that could bankru ...