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Bitcoin Cash: $ USD
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"Everyone in the know understands that this is not a default at all... This whole situation looks like a farce."
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Remember, this is the same administration that was still saying only a year ago that inflation was "transitory" despite all evidence to the contrary...
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Rising interest rates will only make it harder to balance the budget in future years.
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Here we go again: top officials in the West warning their populations against "Ukraine fatigue", saying that 'sacrifices' must be made for the long-term despite the 'high costs' in blood and treasure of continuing to ramp up support for Ukraine. This
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Any government that is a national-security state needs big official enemies -- scary ones, ones that will cause the citizenry to continue supporting not only the continued existence of a national-security state form of government but also ever-growi
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With over $30 trillion in debt and counting, it's hard to believe the United States government was ever debt-free.
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Do you recall all those "debates" over the federal debt ceiling that have taken place over the past 30 years? Every time the debt ceiling came up, here at FFF we said, "Don't raise the debt ceiling. Force the feds to live within their means.
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New Zealand tech CEO, Kim Dotcom did the math on the United States' sovereign debt and he tweeted a thread about it, saying it may the most important thread that he may ever make.
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Everybody was thrilled to get stimulus checks in the mail during the COVID-19 pandemic.
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President Biden often looks like a punch-drunk old fighter sent into the ring once too often. At this point, the only thing lower than Biden's approval numbers is his energy level. Is Uncle Joe too old to rebound?
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Some members of Congress are putting pressure on the Pentagon over the lack of oversight for the billions in US weapons that are being pumped into Ukraine.
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It's always useful to visit the museum in order to offset the recency bias that distorts perceptions of current realities.
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It's always useful to visit the museum in order to offset the recency bias that distorts perceptions of current realities.
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Move comes as US officials say that Russia's invasion of Ukraine presents an opportunity to pry Egypt away from orbit of Russian arms
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The Senate on Thursday passed legislation to give $40 billion to Ukraine in economic and military aid, while Americans suffer from food shortages and inflation.
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The Senate on Thursday passed legislation to give $40 billion to Ukraine in economic and military aid, while Americans suffer from food shortages and inflation.
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A free money trial is underway in Chicago. Expect an obvious failure to be touted as a huge success...
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After Joe Biden announced his extraordinary request for $33 billion more for the war in Ukraine -- on top of the $14 billion the U.S. has already spent just ten weeks into this war -- congressional leaders of both parties immediately decided the am
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Despite Objections, Cities Spending COVID Stimulus $ on Police Surveillance Cameras, License Plate Readers
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The legislation has already passed through the Senate and now heads to President Biden's desk
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How stupid are today's monetary and fiscal policies (and not just the batshit insanity that is Helicopter money, a/k/a MMT?) So stupid that in Japan, the government is about to spend billions to "ease inflation pain" that is the result of... spending
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President Joe Biden said Friday he wants to make America's military a happy place for the global climate.
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Famously debt-averse Germany has decided that it will need to borrow nearly 40 billion euros ($43 billion) to cushion its economy from the blowback caused by the war in Ukraine.
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German borrowing costs rose on Tuesday as the European Central Bank's non-committal tone in explaining euro-area monetary policy outlook left them exposed to the U.S. bond selloff.
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...Data Dump Shows $48 Trillion in Stealth Funding **PUBLISHER RECOMMENDED**
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The U.S. government--and that includes the current administration--is spending money it doesn't have on programs it can't afford, and "we the taxpayers" are the ones who must foot the bill for the government's fiscal insanity.
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On Saturday, rating agency S&P cut its rating on Russia to "Selective Default" on Saturday after the Russian government said last week that it had repaid about $650 million in dollar-denominated debt in rubles (the payment was contractually due in do
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Macroeconomic analyst Rob Kirby says all the problems of the world, whether it's the truckers in Canada or the trouble in Ukraine, can be traced back to "obscene" secret money creation and the lies to cover it all up before it blows up.
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Earlier this week, Federal Reserve governor and vice-chair nominee Lael Brainard indicated the central bank will shrink its balance sheet at a "considerably" more rapid pace than it did during the previous cycle. I, Peter Schiff and a few others
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A bipartisan bill aimed to help the U.S. "compete" with China would only slow down scientific progress.
