Tag: Debt
After Years of “Stimulus” Come Surging Debt and Falling Wages
(Ryan McMaken, Mises Institute) As interest rates rise on everything from mortgages to car loans to Treasurys, that also means interest is rising on...
Will Global Rate Hikes Set Off a Global Debt Bomb?
(Daniel Lacalle, Mises Institute) Raising interest rates is a necessary but insufficient measure to combat inflation. To reduce inflation to 2 percent, central banks...
3 Steps to Lower the Cost of Your Debt
(NerdWallet) Does the thought of dealing with your debt make you want to go back to bed? More than 1 in 5 Americans (22%)...
At $249 Per Day, Prison Stays Leave Ex-Inmates Deep in Debt
(AP) Two decades after her release from prison, Teresa Beatty feels she is still being punished.
When her mother died two years ago, the state...
Who Will Forgive the Government’s Debt?
(Stefan Gleason, Money Metals News Service) So much for “inflation reduction.”
Just a few days after signing Green New Deal legislation, rebranded as the Inflation...
CBO: Debt to Surpass GDP at Record Level over Next Decade
(The Center Square) The Congressional Budget Office released its economic outlook for the next decade and projected record high debt levels compared to the nation’s Gross...
How Your Parents’ Debt Could Outlive Them
(Liz Weston, NerdWallet) Many people believe one of two common myths when a parent dies in debt, says Chicago estate planning attorney Michael Whitty....
Extreme Ratios Point to Gold and Silver Price Readjustments
(Stefan Gleason, Money Metals News Service) Kicking the can down the road is the new national pastime. Every time the government’s bills come due, officials...
Congress Raised the Debt Ceiling Again without Doing Anything to Fix...
(Reason) The House of Representatives voted Tuesday evening to lift the debt ceiling by $480 billion, temporarily postponing a possible default until early December.
The...
Stocks Move Broadly Higher as Debt Standoff Ends
(Associated Press) Stocks rose broadly at midday on Wall Street as investors welcomed the end of a standoff in Congress over extending the federal...
