The Fed, or Federal Reserve System, was established in 1913 as a central banking system for the United States with the intent purpose of 1) maximizing employment, 2) stabilizing prices, and 3) moderating long-term interest rates. Since then, the responsibilities of the Federal Reserve have expanded often causing confusion around the roles and responsibilities of the entity.
Presidential Candidates and the Economy
The fire and fury of the presidential candidates grow ever turbulent as we near the 2016 presidential election. The claims made by candidates on both sides promise economy, tax, and job reforms. The jargon used to describe these plans can leave the voting public mystified, so let’s take a clear, unfiltered look at each candidate. [Read more…]
Financial Conspiracies: Fed Seizes Gold Assets in 1933
Landmark Capital loves history, especially when it involves financial scandals and conspiracies. Interpret them how you will, but this stuff actually happened! In 1933, there was government involvement in gold asset seizing. Here are the facts:
