The language of the Federal Reserve is not meant for the average person to understand. Words like “liquidity,” “quantitative easing,” and “Term asset-backed loans,” make sense to economists and ...
Since 2019, many voters have seen their incomes slip further behind the increase in prices of goods and services. If someone like Bill Clinton had been running for president this year, the Democrats ...
“The sole use of money is to circulate consumable goods.” Those are the words of Adam Smith. It was a throwaway line in Wealth of Nations so over-the-top obvious was it. Money only has a purpose ...