The single largest federal program for providing cash assistance to those with low incomes is the Earned Income Tax Credit, which in 2014 reduced taxes owed by the working ... Read More
Did you know that if you took every single penny away from everyone in the United States that it still would not be enough to pay off the national ... Read More
My own sense is that popular interest in Bitcoin peaked about 12-18 months ago. Perhaps that interest will return. But for now, my sense is that Bitcoin represents a remarkable–indeed, a ... Read More
Do you remember what happened when Cyprus decided to defy the EU? In the end, the entire banking system of the nation collapsed and money was confiscated from private ... Read More
Last August, the US Fed stopped creating new currency out of thin air and dumping it into the banking system. Which is another way of saying the US money ... Read More
Although the US corporate income tax is an almost continual subject of dispute, most people don’t know any details about what kinds of corporations that earn the profits. For ... Read More
Warren Buffett believes “that bonds are very overvalued“, and a recent survey of fund managers found that 80 percent of them are convinced that bonds have become “badly overvalued“. ... Read More
The entire economic and political structure is now dependent in one way or another on the continued expansion of financial markets. The financial markets don’t just dominate the economy–they ... Read More
Well, the Nasdaq finally did it. It has climbed all the way back to where it was at the peak of the dotcom bubble. Back in March 2000, the ... Read More
Discussions of the economic situation in Europe and the eurozone during the last few years have a heavy emphasis on government debt and central bank policy. But from the ... Read More
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