While not extensively discussed at the time, the Fed’s quantitative easing gamble put taxpayers at threat must interest rates rise from historic lows. To cover its current operating losses, the Fed prints new dollars as necessary. In the longer run, the Fed plans to recover its accumulated operating losses by retaining itsseigniorageprofits in th

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He at least no longer spends a whole spend cheque in one particular sitting, but is worried other folks may fare worse. The new centre-left federal government this month said it will hold a parliamentary inquiry into online gambling, even though some recommendations of a 2015 inquiry are yet to take impact. Florida is a largely untapped industry fo

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At the moment, just about 14% of France’s public spending goes toward its pension scheme, the highest of any OECD nation immediately after Greece and Italy. And if Macron does not intervene, the byzantine pension method will probably be €10 billion in the red every year from now till 2032. Meanwhile, France’s debt-to-GDP ratio is at a record