The silver fox may come bearing gifts this holiday season, as the Fed will (probably) increase the mother of all interest rates—the federal funds rate. In an attempt to save the economy from the financial crisis of 2008, the Fed dropped the federal funds rate down to effectively zero. For close to seven years, the … Continue reading What The Rate Hike Means For Us
The Dodd-Frank Act was mentioned several times at the Republican debate by the presidential hopefuls all with the same undertone. It sucks. Finally, we get a discussion of the economy coming from the party that claims to be on the “right is right” side of economic policy. This is what we buy kegs and host … Continue reading Dodd-Frank: The Butt of the GOP Economic Platforms
The Good Ole Days The financial crisis of 2008 was a scary time in the U.S. Although the early half of Gen-Y had a hard time getting a job after graduation, a large portion of millennials didn’t really suffer feelings of despair, since most were still in their teens and early 20s. We didn’t have … Continue reading Is Financial Regulation the Answer?