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April 4, 2021
Asset Managers Cite Inflation as the Number One Market Risk, Displacing COVID-19 April 4, 2021 Inflation is top of mind right now for many consumers, businesses and investors. Responding to a recent Bank of America survey, asset managers around the world agreed that inflation is the number one market risk, displacing COVID-19 for the first time since February 2020. Another survey conducted this month found that over three quarters of Americans were either “very” or “somewhat” conc...
January 31, 2021
The Gold Standard Ended 50 Years Ago. Federal Debt Has Only Exploded Since January 31, 2021 This year marks the 50th anniversary of the end of the gold standard in the U.S. In August 1971, President Richard Nixon formally unpegged the U.S. dollar from gold, meaning the greenback was no longer convertible into bullion. Overnight, the dollar became a free-floating currency, measurable only by comparing it to other world currencies. And yet there were still restrictions on private ownership of...