The market value of U.S. government debt stands at an astonishing $26 trillion, a figure that should rattle the conscience of any proponent of financial prudence. If this value, reflective of current market rates, isn’t a bracing wake-up call to the systemic risk of a debt-dependent economy, one wonders what could be. To Read More Click the Button Below.
Rafi Farber talks about how the Federal Reserve recently cut rates. This might make money matters tighter and take away about $85 billion from bank savings. It could make the Fed’s money list smaller and maybe cause a bank problem. Also, these cuts make it less worthwhile for banks to keep their loans from the Fed, causing them to use their savings, which tightens money matters more. …Learn More, Click The Button Below.

