Will the Fed rescue us from wealth inequality?

From Bernie Sanders to Warren Buffett, many say that U.S. wealth inequality is a problem. In 2019, big ideas about how to solve it have been in the air. One of the most unlikely solutions is emerging from the Federal Reserve (Fed). Neel Kashkari, the outspoken dove at the Minneapolis Fed,

Global chaos – what will the banking elite do now?

Global Chaos 2019

Protests have broken out in many countries across the globe, with citizens unhappy for a variety of different reasons. Some are protesting over economic conditions, others are protesting over tax hikes. Elsewhere protests are breaking out over controversial laws or prison sentences imposed by governments. Governments are also busy resolving a

IMF and money supply flashing alarm bells – October 2019?

Money Supply

The International Monetary Fund (IMF) is predicting global economic growth will slow to its weakest level since the 2008 financial crisis in its third revision of its 2019 forecast. The U.S. GDP growth rate forecast was cut from 2.6% to 2.4%. The Eurozone area is expected to see 1.2% growth, down

Huge inheritance taxes are around the corner?

Inheritance

A subject not often talked about is inheritance, taxes, and wealth inequality. Until the mid-2000s, the net worth of households across the wealth distribution increased at roughly the same pace, that has changed after the Great Recession in 2008. The decade-long economic expansion has given the U.S. new wealth driven by

New NBC/WSJ poll shows the state of America: Envy!

Envy

The political and cultural upheaval of the last four years has divided the country on an ever-hardening partisan and generational lines. One feeling that unites Americans as much as it did before the 2016 election is economic dissatisfaction. They’re still angry and still unsettled about the future. The latest NBC News/Wall