Treasury Plans News Today : Breaking News, Live Updates & Top Stories | Vimarsana

39:27​ – Using Fiat and Inflation 44:32​ – Wrap Up Tom welcomes a new guest to the show, Alasdair Macleod. Alasdair is the Head of Research for Goldmoney and an advocate for sound money. Alasdair explains how the Treasury plans to spend the 1.6 trillion in the general fund over the coming months and its effects. The Fed is forcing the large banks to implement negative interest rates on deposits. He outlines backwardation and the implications for overnight loans with negative interest rates. Alasdair doesn’t see much chance of a sudden economic recovery, and the markets are beginning...

Nbc's chris klackem has more. >> reporter: to reduce the number of checks printed, the u.s. treasury department making refunds this year by debit card. and consumer advocates like msnbc's bob sullivan love it. >> the system is an idea whose time has come clearly for tax returns. >> reporter: the department is asking a specific group of about 800,000 taxpayers to participate in a debit card experiment this year. >> they tend to be low and moderate income and we're pretty sure that many of them do not have bank accounts. >> reporter: that last point is key, officials estimate 10 million taxpayer...