If you have been to a McDonald’s location lately, you might have noticed the self-serve kiosks that allow you to order your Big Mac, fries, extra-large soda, and ice cream cone without Continue Reading
Andrew Moran
Economics Correspondent at LibertyNation.com and LNGenZ.com. Andrew has written extensively on economics, business, and political subjects for the last decade. He also writes about economics at Economic Collapse News and commodities at EarnForex.com. He is the author of “The War on Cash.” You can learn more at AndrewMoran.net.
To read Part One of “What is the Federal Budget?” click here. Since 2001, the US government has operated a budget deficit (spending exceeds revenues). For an example of what the federal Continue Reading
The United States budget is the federal government’s revenue (the money it takes in) and expenditures (the money it spends) for the fiscal year. The federal budget lists the government’s intended revenue and spending Continue Reading
Whether you have a $5 banknote in your wallet or you are carrying around a smartphone with a digital payment app, you may have wondered about the complexities behind money. What assigns Continue Reading
There is now speculation that the Federal Reserve – the US central bank – is about to relaunch a program called quantitative easing. But what is this unorthodox policy measure? What is Continue Reading
A day does not go by where taxes are not in the news. Whether it is a proposed property tax hike at the local level or an across-the-board cut in federal taxes, Continue Reading
Taxes are a key issue in society since almost everybody has to pay them. So, what exactly is taxation? Taxes are money that each person or business has to give to the Continue Reading
A day does not go by where taxes are not in the news. This public policy remains a crucial issue, but to grasp this subject, it is important to understand what taxes Continue Reading
A recession is defined as when the national economy declines for two consecutive quarters, or six straight months. Recessions are officially declared in the US by a committee of experts at the National Continue Reading
The economy grows and shrinks, and we call this the boom and bust cycle. When the economy is growing, we call it a boom. When the economy shrinks, we call it a Continue Reading