There is something called the gold/silver ratio. For those who don’t know, that ratio is the price of one ounce of gold compared to one ounce of silver. That is, how many ounces of silver Read more…
This article in Fortune correctly states that the $1 trillion in interest payments is problematic, but I think they understate the scope of the problem. The Federal government collects about $5 trillion a year in Read more…
The Federal Reserve Bank cut the funds rate by another quarter point last week, and at the same time, it is buying about $350 billion in Treasuries. This should be causing interest yields on long Read more…