The Vote To Destroy US Hegemony

The Vote To Destroy US Hegemony

This post was originally published on this siteThe core of US hegemony is the role of the US dollar as the only world-wide acceptable means of payment. But China would like to supplant the dollar, and the US Congress can make it easy for them — by its inaction. If...
The Vote To Destroy US Hegemony

Fed Ups Inflation Forecast, May Raise Rates In Late 2022

This post was originally published on this siteCentral bankers like to move slowly and predictably. However, today’s announcement did signal a fairly large incremental adjustment to the Fed’s thinking. First off, the Fed updated their inflation outlook to exceed 4% in...