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According to the United States Treasury, the total national debt is $18.2 trillion. The annual, average interest rate on the debt as of July of 2015 is 2.3%, down from 2.4% in July of 2014. Here’s...
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The national debt has surged more than half a trillion dollars in the last three weeks, as the suspension of the debt ceiling in late October has allowed the government to borrow as much as it wants. — Report in The Washington Examiner

The musty old document that supposedly governs this country, the Constitution of the United States put into practice way back in 1789, makes no provision for the governmental institution that has proven the most influential of our...

At the famous Federal Reserve confab at Jackson Hole, Wyoming, Chairman Ben Bernanke laid the groundwork for Quantitative Easing III. He couldn’t contain himself about how well the first two versions of the big Fed asset-purchase program had...

Mitt Romney A group of top economists, among them any number of Nobel laureates, signed a letter endorsing Republican presidential candidate Mitt Romney’s economic plan. These economists indicated that as president,...

If there’s one thing we can be sure of ever since this Great Recession hit four years ago, shortly after we got sated on the Beijing Olympics in late summer 2008, one verity, it is that the money...

Federal Reserve Chairman Ben Bernanke has been taking a lot of flak for his series of speeches at George Washington University over the last few weeks. Commentators have marveled at his mischaracterization of the gold standard and his defensiveness...