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What is the Cost of Europe’s Energy Crisis?
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Europe is scrambling to cut its reliance on Russian fossil fuels.
In his latest weekly editorial titled “Why You Should Use Cash to Buy Guns” legal scholar and Ron Paul institute Advisory Board member Andrew Napolitano discusses how credit card companies have newly put in place a means to track credit card users’ purchases at gun shops. For people who continue to use credit cards for purchases at gun shops, Napolitano warns that the results can include United States government agents reviewing their purchase histories and even showing up on their doorsteps asking to ask to see their guns.
http://player.vimeo.com/video/750156196
Visualizing Interest Rates Since 2020
In March 2020, the U.S. Federal Reserve cut already depressed interest rates to historic lows amid an unraveling COVID-19 pandemic.
Fast-forward to 2022, and the central bank is grappling with a very different economic situation that includes high inflation, low unemployment, and increasing wage growth. Given these conditions, it raised interest rates to 2.25% up from 0% in just five months.