Month: March 2017

Rate Hike Odds Surge As GDP Forecasts Collapse – Ep. 232

Source: Rate Hike Odds Surge As GDP Forecasts Collapse – Ep. 232 According to Goldman Sachs, the odds of a Fed rate hike coming up at the March meeting, which is less than 2 weeks away is now 95% It was 90% before Yellen spoke, that was looking at the Fed Fund futures, in fact the probability of a rate hike had been rising all week based on speeches of a number of Fed officials Everyone indicating that a rate hike was coming soon Nobody actually said how soon Source: Rate Hike Odds Surge As GDP Forecasts Collapse – Ep....

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Arizona Challenges the Fed’s Money Monopoly | Mises Wire

I hope this becomes a trend. The Fed needs some competition! History shows that, if individuals have the freedom to choose what to use as money, they will likely opt for gold or silver. Of course, modern politicians and their Keynesian enablers despise the gold or silver standard. This is because linking a currency to a precious metal limits the ability of central banks to finance the growth of the welfare-warfare state via the inflation tax. This forces politicians to finance big government much more with direct means of taxation. Source: Arizona Challenges the Fed’s Money Monopoly | Mises...

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