A Look at the Fed’s Recent Custodia Bank Denial and the Central Bank’s Push Back…
Over the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in 2021, according to…
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Economics
Balaji Srinivasan Says FTX Is a Preview of State Failure, USD Bank Accounts Could Be…
Angel investor Balaji Srinivasan says the collapse of crypto exchange FTX should be treated as “a preview of state failure.” He warned that one day U.S.…
Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could…
Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the…
Economist Peter Schiff Warns Fed Action Could Lead to Market Crashes, Massive Financial…
Gold bug and economist Peter Schiff says there are two possible outcomes of the Federal Reserve’s action on the U.S. economy. One outcome leads to “a massive…
Tesla CEO Elon Musk Says Inflation Has Peaked — But We’ll Have a Recession for 18…
Tesla CEO Elon Musk believes inflation has peaked and the U.S. economy will be in a recession for about 18 months. “We do get a fair bit of insight into where…
Donald Trump Warns US Economy Is Facing ‘Much Bigger Problem Than Recession’ —…
Former President Donald Trump has warned that the U.S. economy is facing “a much bigger problem than recession.” Noting that “We’ll have a depression,” he…
Federal Reserve Bank President Pushes for Faster Rate Hikes — Says the Fed Risks Losing…
The president of the Federal Reserve Bank of St. Louis, James Bullard, has called for more aggressive measures to combat inflation and reduce the size of the…
Rich Dad Poor Dad’s Robert Kiyosaki Says He’s Buying Bitcoin and Ether as…
The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has revealed that he is buying more bitcoin and ether amid rising inflation concerns.…