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I had no idea this could happen, because it doesn't make any sense from a business standpoint for banks to treat their customers this way.

This post above, to put it mildly, is far off the mark!!! . m-RNA research leading to vaccines has been going on for many years. This is an entirely different approach to vaccination. The idea behind it is to be able to produce safer, more effective vaccines much faster than old style...

A young friend of mine, Adam, whom I know well and who has demonstrated high personal standards of honesty and integrity told me this story. While Adam was in the process of relocating to attend college he left in place his checking account with a balance of 20 dollars at a Wells Fargo Bank...

From todays NY Times: Yellen Confronts Russian Officials at G20 Meeting In a private session, Treasury Secretary Janet L. Yellen said the Russians were “complicit in Putin’s atrocities,” according to remarks shared by a U.S. official. Treasury Secretary Janet L. Yellen at the meeting of Group...

I thought perhaps you had misunderstood ph1l's post, but now I see you understood it quite well.

Poland is an EU economic community member but is not yet a part of the EU monetary union. Poland has their own currency. My opinion is that Poland would be wise to stay out of the monetary union unless and until a Eurobond is adopted. Germany is the stumbling block to that happening.

Roths are not "tax deferred." You put after tax, not deferred, money into them, and withdrawals are tax free, not deferred. Traditional IRAs are tax deferred. If you ask this question in google: "Are Roth Accounts tax deferred?" You will get an incorrect answer? Probably an example of...

"Getting Started in Bonds," S.S. Wright, 2nd Edition, 2003, John Wiley & Sons, Inc. Available used in paper back on Amazon for $1.90 plus shipping. See Chapter 10 for worked out examples of the yield calculations for the various yields longandshort defined for you.

I was surprised to learn that most of us will receive a positive ROI on our Social Security contributions, those at the bottom typically receiving a higher ROI. Exceptions would include those that contribute but die without dependents before than can draw enough benefits to equal their...

All modern democratic economies are "mixed economies" with a mixture of socialism and capitalism. And that's true even of some of the lesser democratic, such as China. At the root of this bizarre thread is an extreme oversimplification that socialism is bad and capitalism is good. Real life...

We have to take into account that Argentina was forced to engage in real borrowing using bonds denominated in other countries (U.S. dollars for example) currencies. That is something the U.S. has (maybe) never had to do. The colonies borrowed from the French during the Revolutionary war. Not...

I wish it were true. Sadly, I have often been wrong.

As you may have guessed by now I have spent countless hours in study. It became a sort of strange hobby with me. It is just so damn interesting, and so different from what we were all brought up thinking, i.e., that government should manage its finances just like we must. And of course that...

Ha ha, I like that! Of course like so many other bits of common wisdom, it's wrong. "The common wisdom is almost always wrong." --- Gore Vidal

As a matter of fact, the Fed does not even exercise direct control over even inside money (the temporary money banks create via fractional reserve banking) although the Fed can, and does, influence inside money indirectly via interest rates and other policy decisions. The Fed, however, has...

This statistic is useless. There are practically no "cardiac-related" deaths in males 18-39, and there is a complete lack of data other than the eye popping 84%. Absurd! After I posted the above, found this below @...

Yes. You can probably listen to the whole thing on You Tube or C-Span. Worthwhile.

:rolleyes:

Depends I guess on whether a Grand Jury is "nothing": Manhattan Prosecutors Begin Presenting Trump Case to Grand Jury The Manhattan district attorney’s decision represents a dramatic escalation of the inquiry, and potentially sets the case on a path toward criminal charges against the former...

Unfortunately this was not a worthwhile debate. The question posed was not very well answered. Laurence White is a self-admitted oddball and clearly does not understand why the gold standard failed and can not be resurrected. Even contemplating the idea that Crypto could replace Sovereign issued...