Tag: FEDERAL RESERVE

We’ve seen this playbook before: Cut rates when it benefits Democrats before an election. Stall when a Republican candidate surges in the polls. That’s not monetary policy; it’s political manipulation.

The Federal Reserve is holding interest rates steady despite President Donald Trump’s repeated calls for a 2.5-point reduction.

The popularity of digital currencies like Bitcoin has skyrocketed over the past decade. CBDCs, like cryptocurrencies, are digital, but the main difference is that CBDCs fall under the control of the federal government.

“For everybody that I talk to who says, ‘Hey, we’re seeing softening in the economy,’ there are other folks I talk to who say record year. For everyone that says, ‘We think consumer spending is slowing down,’ somebody else is saying, ‘No, listen, the consumer is still going strong.’”

An Alabama economist weighed in on last week’s Silicon Valley and Signature Bank Collapse, explaining that the central banking system is the “leading problem” of the country’s financial situation and warning that President Joe Biden’s assurance of the banking system’s safety “could backfire.”