Categories for Economy

dollars currency wallpaper

Dollars as wallpaper? Gold mules? An American reality check on hyperinflation

April 25, 2014 2:33 pm Published by

It's no secret that we Americans are incredibly lucky and blessed to be living in such a prosperous and luxurious place relative to the rest of the world. We have some of the best of everything: the best hotels, the best vacation spots and restaurants, the best cars, the best TVs, the best technological innovations, cell phones and computers. We still have amazing healthcare and education. There is another luxury we have that most of the rest of the world sadly doesn't have – and that is no national memory of what it is like to live through hyperinflation.

janet yellen federal reserve hot air hype

More hot air from the Fed: Why we don’t hold out much hope

August 16, 2014 6:21 pm Published by Leave your thoughts

Fed Chair Janet Yellen sounded positively upbeat and hopeful as she testified and answered questions last Friday before the Senate Banking Committee. She was encouraged about manufacturing numbers, about unemployment figures and the strengthening of the U.S. economy. She seemed confident that October was still the right time to end Quantitative Easing. She also indicated that interest rates would eventually rise. Here's the question: Should we buy it?

fatca dollar

Now comes the fallout: The “tangled web” FATCA has woven for all Americans

August 1, 2014 10:53 am Published by Leave your thoughts

Early this year, the hype surrounding FATCA was palpable. Our clients were desperate to learn as much as they could about the law. And all the interest swelled to a crescendo when it was implemented on July 1, 2014. But now that the law is actually in effect? NOW is the time you need to know the true damage it's causing. And we have the early results right here.