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Dallas Fed's Kaplan Says America Needs More Immigrants to Fill 'Skills Gap'

Dallas Fed's Kaplan Says America Needs More Immigrants to Fill 'Skills Gap'

Content originally published at iBankCoin.com

 

According to Dallas Fed's Kaplan, America has an over abundance of jobs and needs to attract wanton amount of migrants in order to fill the insatiable demand for cheap labor, aka 'skills gap.'

While on one hand, Kaplan ceded to the notion that globalization was a primary reason for price deflation and stagnant growth, he also blamed America's aging demographics for lackluster growth.

Mnuchin’s PR Visit to Fort Knox proves nothing about the US Gold Reserves

Mnuchin’s PR Visit to Fort Knox proves nothing about the US Gold Reserves

Submitted by Ronan Manly, BullionStar.com

On the afternoon of Monday, August 21, US Treasury Secretary Steven Mnuchin, Senate Majority Leader Mitch McConnell, Kentucky Governor Matt Bevin, and Kentucky Congressman Brett Guthrie took a visit to the vault of the US Mint’s gold depository in Fort Knox, Kentucky, a vault which, according to the US Treasury, holds gold bars containing 147,341,858 fine troy ounces of gold (4583 tonnes of gold).

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