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07.11.25 - 21:48
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Can′t Afford A Vacation? Blame The Fed (ZeroHedge)
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Can't Afford A Vacation? Blame The Fed
Authored by Ron Paul via DailyReckoning.com,
According to data collected by the research firm Statista, 29 percent of Americans cannot afford to take a vacation this year. A vacation is not the only thing Americans are struggling to afford. The failure of wages to keep up with price inflation is why household debt hit a record level of 18.4 trillion dollars this year, with the average household owing more than 100,000 dollars.
The Federal Reserve is responsible for the decline in American living standards and the rise in income inequality. The turning point in the people's economic fortunes was on August 15, 1971.
That is when then-President Richard Nixon closed the “gold window,” severing the last link between the dollar and gold. This left America with a purely fiat currency and no restraint on the Federal Reserve's ability to create money.
When the Federal Reserve pumps money into the economy the new money is not equally distributed. It first go...
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07.11.25 - 20:18
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Fed Divided; Wall Street Shrugs Off Credit Concerns | Real Yield 11/7/2025 (Bloomberg)
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"Bloomberg Real Yield" highlights the market-moving news you need to know. Today's guests: BlackRock Americas Chief Investment and Portfolio Strategist Gargi Chaudhuri, Richard Bernstein Advisors Deputy CIO Mike Contopoulos, Oaktree Capital Management Assistant Portfolio Manager For Global Credit Strategy, Vanguard Fixed Income Head of Global Taxable Credit Research Colleen Cunniffe (Source: Bloomberg)...
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07.11.25 - 19:03
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ÜBERBLICK am Abend/Konjunktur, Zentralbanken, Politik (Dow Jones)
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Die wichtigsten Ereignisse und Meldungen zu Konjunktur, Zentralbanken, Politik aus dem Programm von Dow Jones Newswires Stimmung der US-Verbraucher im November eingetrübt Die Stimmung der US-Verbraucher hat sich im November abgeschwächt. ......
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