…in other words – the public is SCREWED!
The Trump administration has tried to cultivate a reputation for preferring “Main Street over Wall Street.” Unfortunately, this image is belied by the administration’s renewed push for artificially low interest rates and monetary inflation. By embracing these policies, Trump has put himself squarely in the camp of “Wall Street over Main Street.”
This is because a policy of monetary inflation and low interest rates favors wealthy owners of assets while imposing higher prices and fewer income gains on people of more modest means. The Trump policies of inflation and low interest rates fuels levels of inequality far greater than would exist under relatively free market conditions. This is because the low-interest-rate policy increases disposable income far more rapidly for people at higher income levels than it does for people at lower income levels. Continue reading
The gold price kissed $3,500 last week before backing off. The yellow metal’s price has churned violently up and down $50 to $100 daily. For some gold bugs this price level seemed unimaginable without there being shooting in the streets. It’s the Central banks that are violently depreciating the value of their currencies. 
Hyundai Motor Company and Johnson & Johnson have launched significant investment initiatives in the U.S. Hyundai plans to invest $20 billion, including building a $5 billion steel plant in Louisiana. Johnson & Johnson plans to increase its U.S. investments by 25% to over $55 billion over the next four years.
U.S. investment under President Donald Trump’s administration has reached more than $5 trillion, and is expected to generate hundreds-of-thousands of jobs, according to an analysis of company announcements and reports from industry experts.
U.S. President Donald Trump on Tuesday signed an executive order that aims to delay Medicare negotiations for a broad category of prescription drugs, handing the deep-pocketed pharmaceutical industry a major win as it lobbies aggressively against efforts to rein in its pricing power. 
In 2020, state governments forced many businesses to close their doors temporarily for “15 days to stop the spread”. Fifteen days turned into months, and in the progressive state of California it was longer than a year. Knowing that cutting off people’s ability to work and generate income would have disastrous economic consequences, the government directly and indirectly compensated people to stay home. This created a drop in the productivity of goods and services while the newly found free time and money from the treasury resulted in an increased demand for the limited amount of stock available during the pandemic. As a result, inflation shot up causing a rise in prices. 
Gold prices reached an all-time high of $3,404 per ounce in pre-market trading on Monday, driven by a weakening U.S. dollar and growing uncertainty over U.S. President Donald Trump’s trade policies.
Forbes Chairman and editor-in-chief Steve Forbes warns over U.S. prices going up amid global tariff tensions and weighs in on Federal Reserve leadership.
