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Schiff Criticizes Trump’s Rate Cut Idea, Says Transition to Manufacturing Economy Requires Higher Rates

Economist Peter Schiff has said he disagrees with U.S. President Trump’s idea that lowering interest rates would help the U.S. shift to a manufacturing-based economy. Schiff: Lowering Interest Rates Counterproductive…

Continue ReadingSchiff Criticizes Trump’s Rate Cut Idea, Says Transition to Manufacturing Economy Requires Higher Rates

A Blow to the Dollar: Russia Reaches Historic Milestone by Paying for Over Half of Its Imports in Rubles

According to the Central Bank of Russia, 53.5% of all imports to the country were paid for with Russian rubles in February, marking a historic record. Currencies from unfriendly countries,…

Continue ReadingA Blow to the Dollar: Russia Reaches Historic Milestone by Paying for Over Half of Its Imports in Rubles