Tag: treasury

The Inflation Reduction Act is a ‘tax-and-spend package’; it won’t work, invest in these real assets

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Post date August 16, 2022

With inflation at 8.5 percent in July, down from 9.1 percent in June, is rising cost of living starting to cool off, or is this simply a temporary reprieve? Joining us to talk about these as well as various other problems are Phil Magness, Study and Education Supervisor at the American Institute for Economic Research Study, and Michael Ashton, Taking Care Of Principal at Enduring Investments LLC. They spoke to Michelle Makori, Editor-in-Chief as well as Lead Anchor at Kitco Information.

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Adhere To Michael Ashton on Twitter: @inflation_guy ()

0:00 – Has inflation actually peaked?
4:39 – Biden's '0% rising cost of living' claim
8:08 – Macroeconomic overview
16:14 – Tax cuts and also inflation
17:19 – Inflation Reduction Act
20:08 – Investment ramifications

#inflation #biden #investing
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Fox News

Billionaire investor: Money is going to get ‘a lot tighter’

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Post date July 31, 2022

Billionaire capitalist Ray Dalio offers his tackles the most recent globe news and also offers specialist evaluation on the state of the economy on 'Cavuto: Coastline to Coast.' #foxbusiness

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Much more bullish on economy than market: UBS portfolio manager

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Post date June 15, 2021

UBS handling director and also senior portfolio manager Jason Katz on today's markets, rising cost of living as well as the Federal Book.

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US postponing trade ban on companies with Chinese military ties a concern: Expert

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Post date May 28, 2021

Roger Robinson Jr., former elderly supervisor of international financial affairs at the Reagan National Security Council, alerts versus a possible 'fundamental change' on China policy in the Biden management. #FOXBusiness

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Yellen discusses economic recovery at World Bank Group-IMF Spring meeting

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Post date April 7, 2021

Treasury Secretary Janet Yellen takes part in a panel conversation on "Economic Recovery: Toward a Green, Resilient, and also Inclusive Future" throughout the Globe Financial Institution Group/IMF Springtime 2021 Meetings. #FOXBusiness

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Tags Business, business news, FBN, Fox Business, janet yellen, Janet Yellen IMF, treasury, Treasury Secretary

Kitco News

Senator Kennedy battles Janet Yellen on ‘helping’ China, Russia with $1 trillion SDR

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Post date March 26, 2021

The IMF plans on creating a new appropriation of "special drawing civil liberties", or SDRs, with the purpose of supplying foreign aid.

Throughout a Senate hearing today, Senator John Kennedy doubted Treasury Assistant Janet Yellen on where the money will originate from, as well as how the fund is mosting likely to be assigned.

" You claim you wish to aid bad countries, but you as well as I both understand that only about 10% of that money is mosting likely to go to inadequate countries. It's not mosting likely to aid bad nations. You understand that it's going to assist? If they money in their SDRs? It's going to aid China, it's mosting likely to help Russia, it's mosting likely to help Venezuela," Kennedy said to Yellen.

Kennedy likewise stated that this strategy will certainly set you back American taxpayers $180 billion, a case that Yellen refuted.

" There are many nations that can give hard cashes in return for SDRs, including the United States. If the USA does consent to provide SDRs it will certainly need to release Treasury expenses … however it will certainly additionally make rate of interest on any kind of amounts that it transforms on behalf of various other countries," Yellen said.

In response to the $180 billion in prices for the American public, Yellen claimed "I do not understand where you obtained a number like that from."

0:00 – Fed on economic outlook, bond yield surge
5:35 – Yellen vs Kennedy on SDRs

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Fox News

Treasury Department okays state tax cuts if separated from virus aid

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Post date March 19, 2021

Economist Steve Moore evaluates in on the United States Treasury's action to GOP attorneys general on 'FOX Business Tonight.' #FoxBusiness #FoxBusinessTonight

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Janet Yellen loses sleep knowing there’s a currency she can’t control: Sica

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Post date January 26, 2021

Can a UNITED STATE Treasury Assistant eliminate a cryptocurrency?

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Senate committee considers Janet Yellen for Treasury Secretary

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Post date January 24, 2021

Senate Money Committee holds election hearing for Janet Yellen to Assistant of the Treasury.

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Trump wants tax cuts aimed at middle class: Monica Crowley

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Post date February 11, 2020

Treasury Department aide secretary Monica Crowley discusses Head of state Trump's brand-new budget proposition as well as his possible second round of tax cuts. #FoxBusiness

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