This is no magic trick. Thanks to the Federal Reserve’s inflationary policies, many coins are now worth more as bullion than their face value. A pre-1982 copper penny is worth three cents.. Post 1982 pennies are made from plated zinc … Continue reading
The consensus is in. 200 top economists, including two former directors of the CBO, sent a letter to lawmakers urging them to repeal Obamacare. Hey, if consensus is good enough for Global Warming it should be enough to repeal Obamacare.
When I saw the headline to this story my first thought was, “I bet they had copper in them.” Sure enough, they are made of brass which has a high copper content. Anyone that has tried to run a phone … Continue reading
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“…The Federal Reserve is not a repair shop for broken fiscal, trade, or regulatory policies,” –Kevin Warsh Not supposed to be maybe, but then the Fed is doing a lot of things it’s not supposed to do. Warsh is on … Continue reading
GAH! The FED has decided to try to inflate our way out of the Great Recession. The decision, which takes the Fed into largely uncharted waters, is aimed at further lowering borrowing costs for consumers and businesses still suffering in … Continue reading