Proponents hail the bitcoin as the world’s first virtual currency, forgetting that 97% of today’s money is virtual
Retirement plan contribution limits in 2019 were adjusted up by the U.S. Congress to reflect the higher inflation rates in the economy.
Excess reserves a byproduct of the Federal Reserve’s quantitative easing program remain a potential problem
Negative interest rates started with central banks charging commercial banks for keeping excess reserves at the central bank.
Negative interest rates are another misguided attempt by the Central Banks of these countries to increase bank lending.
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