Cognitive Dissonance In May of 2006 at the height of the housing bubble, then Fed Chairman Ben Bernanke gave a speech at the Federal Reserve Bank of Chicago’s 42nd Annual Conference on Bank Structure and Competition. https://www.federalreserve.gov/newsevents/speech/bernanke20060518a.htm. In the Q&A session he commented—”Rapid appreciation in house prices has made homeowners feel wealthy and has powered … Read more
Category: Investing
Can’t Afford a Vacation? Blame the Fed. – LewRockwell
Source: Can’t Afford a Vacation? Blame the Fed. – LewRockwell
Fed Losing Control of Discount Window
Many Americans Have Retirement Savings Stuck in ‘Junk IRAs’ | Money
I call it “Financial Prison,” but we can go with “Junk IRAs.” There is a better way to save and store your money for retirement where you have access to cash when you need it, without fees and taxes. Source: Many Americans Have Retirement Savings Stuck in ‘Junk IRAs’ | Money
‘I’m furloughed due to the government shutdown’: Do I pull money from my Roth 401(k), savings or $450K home? – MarketWatch
Reason #67 why I have stated over and over that the worst place to save and store your money is retirement accounts (aside from the free employer match). Your money is in financial prison, and you have little to no access to it, in times like these when the government shuts down and stop paying … Read more
How the Fed Made Housing Unaffordable | Mises Institute
Source: How the Fed Made Housing Unaffordable | Mises Institute
The Gold Standard Removal Anniversary
Everyone should watch this, but instead of pushing Schiff Gold, a better way is to opt out of the corrupt banking system and create your own privatized bank, then borrow to buy gold, BTC, RE, etc. #IBC #abolishthefed https://twitter.com/PeterSchiff/status/1956417638629867830/video/1
Here’s How Much You Should Save in Your 401(k) in 2025
Should always try to save and invest as much as you can afford, however, the worst place to save your money is your 401K and retirement accounts. This is financial prison for your own money that make it difficult to access and are taxed and penalized by the government for saving. Source: Here’s How Much … Read more
Watch what Dave does instead of listening to him.
Frank Lupu | Substack
Monthly Market Commentary Source: Frank Lupu | Substack