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Tag Archives: Federal Reserve System
Trickle-down economics has made America an “indecent society”
By Robert Reich It’s the season to show concern for the less fortunate among us. We should also be concerned about the widening gap between the most fortunate and everyone else. Although it’s still possible to win the lottery your … Continue reading
Our Giant Banks Own Airports, Control Power Plants, Hoard Vast Amounts of Commodities and Much More — How Can We Stop Them from Controlling the Lifelines of the Economy?
By Ellen Brown Giant bank holding companies now own airports, toll roads, and ports; control power plants; and store and hoard vast quantities of commodities of all sorts. They are systematically buying up or gaining control of the essential lifelines … Continue reading
Deficit Reduction Is Seen by Economists as Impeding Recovery
By Jackie Calmes and Jonathan Weisman The nation’s unemployment rate would probably be nearly a point lower, roughly 6.5 percent, and economic growth almost two points higher this year if Washington had not cut spending and raised taxes as it … Continue reading
Fed: Redesigned $100 bill coming in October
The Federal Reserve announced Wednesday that it will begin circulating a redesigned $100 bill this fall, more than two years after its initial target. The Fed has set a target date of Oct. 8. The redesigned note incorporates added security … Continue reading
The dollar, less almighty: Big investors see possible long-term currency weakness
This is very relevant to all us. Lesson? If you can,follow Warren Buffett’s lead. The dollar, less almighty: Big investors see possible long-term currency weakness – The Washington Post.
Posted in News from the Soul Brother
Tagged Currency, economy, Euro, Federal Reserve System, investment, U.S. Dollar
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