“The [Federal Open Market Committee] will continue to strike a balance between avoiding an overheating economy and bringing … price inflation to 2 percent on a sustained basis,” Chairman Jerome H. Powell said Congress as Fed chair. The new Chairman of the Federal Reserve made his first testimony to Congress: The Congress has assigned us […]
Category Archives: Finance
Monetary Policy Report to the Congress
Also posted in Business, Government, Politics
Tagged Federal Open Market Committee, Federal Reserve Bank
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The Economic Monsters: Inflation and Interest Rates
by Daniel Brouse Economist Economic Forecast = Inflation (2018) Inflation Bites (2022) U.S. Mass Consumption Results in Global Economic Disparity, Inequity, and Poverty (2023) Investment Recommendation: Savings Bonds / I Bonds (2023) Your National Debt (2023) Economic Facts on Immigration, Budget Deficits and Inflation (2024) The Federal Reserve and the Chevron Decision (2024) Drill, Baby, […]
Also posted in Business, Education, Government, Politics
Tagged currency exchange rate, debt, Federal Reserve Balanace Sheet, hyper-inflation, inflation, interest rates, investments, money, real estate, tariffs, trade protectionism, Trump, wages
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Real Estate and the Rising Sea Level
by Daniel Brouse “Living near the water is incredibly appealing for people around the country, but it also comes with additional considerations for buyers and homeowners,” Zillow chief economist Svenja Gudell wrote in a new report. “Homes in low-lying areas are also more susceptible to storm flooding and these risks could be realized on a […]
Also posted in Environment, Global Warming, Law, Science
Tagged climate change, flood insurance, flooding, floods, real estate
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Flood Insurance and Rising Sea Levels
by Daniel Brouse Q: Who pays for flood insurance? A: The United States government, FEMA, covers losses for people that pay flood insurance premiums. Q: Does your homeowners insurance policy cover you in the event of flooding? A: No. Flood insurance coverage is very limited. For instance, basements and belonging in a basement are not […]
Also posted in Business, Environment, Global Warming, Government, Law, weather
Tagged climate change, flood insurance, flooding, houses, real estate, sea level rising
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Trade War! What Is It Good For?
By Daniel Brouse International Economics 101 What do you think of when you hear the term “trade war”? The costs and benefits to society are very similar to traditional warfare. 1) Financial Cost. A war is expensive. In a trade war, huge tariffs are placed on the purchase of imports. A tariff is a sales […]
Also posted in Agriculture, children, Education, Energy, Environment, Government, health and wellness, History, International, Law, Medicine, Politics, Religion, Science, War And Peace
Tagged costs, Economics, trade war
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The Panama Papers
By Daniel Brouse The Panama Papers is the name being attached to the world’s largest data breach. A Panama law firm known for offshore business structures had 11,000,000 files stolen. Most of the activities did not take place in Panama, so the name is a bit misleading. Most of the transactions took place in territories, […]
Also posted in Business, International, Media, taxes
Tagged North Korea, Panama Papers, Ponzi, sanctions, Syria, Vladimir Putin
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The FED (Federal Reserve Bank)
by Daniel Brouse The FED tries to control our spending… and that ain’t easy. It seems to happen around election time — all these wacky posts about the FED. (Luckily, I’ve a degree in international economics for just such an occasion.) If you are posting about the FED, please remember these facts: * The FED […]
U.S. Ends Bailout Program with $15.3 Billion Profit
The Troubled Asset Relief Program (TARP) ended when the Treasury sold its remaining shares of Ally Financial (the last remaining major bank.) The bailout program was originally $426 billion. The Treasury Department reports, “Treasury invested approximately $245 billion across five distinct bank programs. Each of these programs was established to accomplish different goals as part […]
Also posted in Business, Government
Tagged bailout, banks, profit, TARP, taxpayers, too big to fail, Troubled Asset Relief Program, US
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Bitcoins
Bitcoin is a virtual currency that is open source P2P money. According to the Bitcom website: “Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and […]
Also posted in Business, Government
Tagged Bitcoin, China, money, Open source P2P money, payment, Satoshi Nakamoto, virtual currency
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Baby Formula
Equation for The Meaning Of Live Ironically, the Brouses coined the phrase “In God We Trust” for the United States Mint. What is the meaning of life? What makes man different from other animals? Baby Formula: Equation for the Meaning of Life .mp4 Video
Also posted in Business, children, Education, health and wellness, Medicine, music, Society
Tagged 30 Seconds To Mars, Brouse, cure, Dr. Daniel Mohan, Dr. Paul Steveler, equation, fountain of youth, health, Jourdaine Middleton, meaning of life, MS, strobe lights, wellness
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