Stock Markets The Big Easy Way: How the Federal Reserve Bank “Creates” Money

The Stock Markets The Big Easy Way series will help readers to simultaneously combat innumeracy and financial illiteracy! The first book in this series is entitled How the Federal Reserve Bank ‘Creates’ Money. This short ebook give readers a peek into the Federal Reserve Bank – aka the U.S. Central Bank. Why? Before delving into […]

President Trump Signs $2.2 Trillion Coronavirus Stimulus

President Donald Trump signed a $2.2 trillion coronavirus stimulus bill Friday, March 27, 2020. This multi-trillion coronavirus stimulus package includes: 1.  $1,200 payment to single Americans who make less than $75,000 a year 2.  $2,400 for families that make under $150,000 a year 3.  $500 for each child under the age of 17    

Insider Trading? U. S. Senators Dumped Millions in Stocks Before Coronavirus Market Crash

Democrat Senator Feinstein of California and three of her Senate colleagues reported selling off stocks worth millions of dollars in the days before the coronavirus outbreak crashed the stock markets.  The three other senators are identified as Richard Burr of North Carolina, Kelly Loeffler of Georgia and James Inhofe of Oklahoma, all Republicans.    

Coronavirus Assistance for Americans: Individual Tax Filing Deadline from April 15th to July 15th

The Trump administration is extending the April 15th tax-filing deadline to July 15th.  Treasury Secretary Steven Mnuchin said this extension will give American taxpayers more time to prepare and pay their taxes during the coronavirus outbreak.  “All taxpayers and businesses will have this additional time to file and make payments without interest or penalties,” Secretary Mnuchin said. […]

President Trump wants to send Americans cash ‘immediately’ in response to coronavirus

U. S. Treasury Secretary Steven Mnuchin said President Trump wants to send checks to Americans “in the next two weeks” in an effort to help people cope with the economic fallout due to the coronavirus pandemic. “We’re looking at sending checks to Americans immediately,” Secretary Mnuchin said during a press briefing from the White House. “Americans need cash now, the […]

The Dangers of “Buy Now, Pay Later”: Instant Gratification & Normalization of Debt

INTERNET ANALYSIS. let’s discuss services like Afterpay that let you buy now & pay later. // Signup for your FREE trial to The Great Courses Plus here: http://ow.ly/t9o530qpmBb (urban outfitters illustration in the thumbnail by Jasmy Liu, from this article: https://orangemag.co/orangeblog/2019/10/15/what-the-urban-outlet-sale-says-about-the-search-for-affordable-quality-clothing) TIME STAMPS BELOW: 0:00 – intro 0:38 – Afterpay, Klarna, & Quadpay allow you […]