An artificially low-interest rate rewards short-term consumption, and punishes long-term investment.
Economic Affairs News
Goldman Tergiversates On Bitcoin
The financial titan is beginning to tergiversate from its bearish stance of just a few short months ago.
Gunmaker Stocks Soar in Wake of Vegas Tragedy
Fear is what is driving Monday’s trade.
Jones Act Killing Puerto Ricans
Not only has this shipping restriction impacted relief efforts, it has also contributed to Puerto Rico’s economic demise.
Child Labor Laws Hurting Child Laborers
Child labor has been eliminated in wealthy nations, but it continues to be a massive issue in many developing countries.
Norway’s Trillion Dollar Illusion of Wealth
Even Norway’s $1 trillion pension fund can’t pay the tab for Socialism.
The Ruble or the Dollar – That is the Question
Is the global U.S. dollar hegemony in danger?
Less Competition In Mobile Phone Service Coming
In merger talks since August, many analysts fear that the deal may have gone sour.
Interest Rate Hike on Hold Over Inflation Concerns
The Federal Reserve holds an interest rate increase while waiting on inflation to rise to 2% — which might happen.