The Unseen Consequences of Zero-Interest-Rate Policy

By Ronald-Peter Stöferle August 10, 2015   The Unseen Consequences of Zero-Interest-Rate Policy   In a dynamic economy, an action not only triggers just one effect, but always an entire series of different consequences. While the cause of the first effect is easily recognizable, the other effects often occur only later and no such […]

Smallest artificial heart saves baby in Italy

Source: By Lisa Karpova Doctors at the Bambino Gesu Hospital in Rome, the Italian capital, have saved the life of a baby of 16 months, thanks to the world’s smallest artificial heart implant. The child, who suffered from dilated cardiomyopathy, underwent surgery last month. However, the results were not published until this week. In […]

White House economic report hides sharp drop in number of working Americans

Source: By Neil Munro White House officials are trying to downplay the growing political damage caused by a shrinking federal statistic: the percentage of working-age Americans who actually have jobs. The increasingly visible statistic shows that roughly 11 million working-age Americans are being excluded from the nation’s formal tally of 13.75 million unemployed Americans. […]

10 Things That Every American Should Know About The Federal Reserve

Source: What would happen if the Federal Reserve was shut down permanently?  That is a question that CNBC asked recently, but unfortunately most Americans don’t really think about the Fed much. Most Americans are content with believing that the Federal Reserve is just another stuffy government agency that sets our interest rates and that […]