Jerome Powell on Stagflation
“I don’t see the ‘stag’ or the ‘-flation’,” Fed Chairman Jerome Powell said during his Wednesday address. Powell believed inflation would be “transitory.” He believed that the economy would come [...]
If you receive valuable jewelry as a gift, you cannot return to the USA without reporting it and paying the tax. The Saudi king gave Michelle Obama and her daughters $1.2 million in jewels. So why are the Obamas allowed to keep … Continue reading