What is the real value of gold? With gold rates rising and falling rapidly over the last few years, questions over its role as a long term investment have become more common. Gold has been a popular monetary standard dating as far back as the ancient civilizations of Greece and Rome. Why has gold traditionally [...]
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Bernanke Puts New ‘Twist’ on Old, Failed Policy
Steve Stanek of FIRE News discusses “Operation Twist,” the Federal Reserve’s program to move hundreds of billions of dollars of the Fed’s investment portfolio into longer-term debt. Critics argue the program is a new twist on an old policy that failed in the 1960s.