Bank Failures: Solved or Just on Hiatus?
The bank failures of Silicon Valley Bank and Signature Bank were significant economic events. These failed banks were taken over by the FDIC on March… Read More »Bank Failures: Solved or Just on Hiatus?
News
Current economic news that is likely to be of interest to our readers. Often this news supports the more in depth narratives that we frequently write about.
Zimbabwe’s Two Front Battle: Inflation & the IMF
As Zimbabwe fights inflation, its gold coin continues to hold value, even rising slightly. Their gold coin, known as the Mosi-oa-Tunya, has more than held… Read More »Zimbabwe’s Two Front Battle: Inflation & the IMF
Fed Sets New Record: Biggest Loss Yet!
The Fed set a new record, recording its largest loss yet since its accrued earnings account became negative in September of 2022. In the most… Read More »Fed Sets New Record: Biggest Loss Yet!
February Begins With More Losses for the Federal Reserve
February begins with more losses for the Federal Reserve. The week ending February 1, 2023, concluded the same as recent prior weeks for the Federal… Read More »February Begins With More Losses for the Federal Reserve
Zimbabwe Wrangles with Inflation & the IMF’s Advice
As Zimbabwe fights inflation, its gold coin continues to hold value, rising to $2,016.79 as of January 25, 2023, according to the Reserve Bank of… Read More »Zimbabwe Wrangles with Inflation & the IMF’s Advice