How the Politics of Location Affects the U.S. Economy

The concept of geopolitics sounds academic and tough to comprehend, but actually it’s not. Put simply, geopolitics is the study of how international relations between countries are influenced by geographical factors. For years, ever since the decline of Soviet Union...

The Fed Tapers Down Another Notch

What a difference $10 billion makes. After announcing in December 2013 that it would taper off its stimulus plan from $85 billion in securities purchases a month to $75 billion, the Federal Reserve has just released plans to cut back by another $10 billion a month...

What’s Next for the Fed in 2014?

The Federal Open Market Committee is arguably one of the most influential government committees you’ve never heard of. Although the FOMC may not be a household word, its decisions on the Federal Reserve’s monetary policies affect nearly every US household – and...

Let the Tapering Begin!

After months of waffling about the fate of its massive bond buying stimulus plan, the Federal Reserve has taken the financial world by surprise with its just-released announcement that it will begin “modestly” tapering the plan down in January 2014. While the news...

Can Digital Money Change the World?

The Bitcoin’s march toward legitimacy took another step forward this week, as the digital currency was accepted as legal tender to buy a Tesla – a fitting arrangement for the purchase of the new electronic car. But even as Lamborghini Newport Beach happily announced...