In this episode, we go over the reasons behind the new G-7 Tax Deal, as well as the implications of something like this going into effect. Despite the common rhetoric, it is not about increasing…
Bipartisan Group Reaches Infrastructure Agreement Awaiting Biden Approval
A bipartisan group of 10 senators said Thursday it has reached a tentative agreement on a "realistic, compromise framework" for an infrastructure spending package. The announcement came after weeks of negotiations between the Biden administration and top GOP lawmakers.…
Heresy Financial: El Salvador Enters the Global Currency…
In this episode, we dive into the potentially monumental ramifications of El Salvador legitimizing bitcoin as money and declaring it legal tender. There are many unknowns, many pros, and many cons, but the direction El…
Gage Skidmore from Surprise, AZ, United States of America via Wikimedia Commons
Republicans Urge Biden to Cut Federal Unemployment Benefits
House Republicans are urging President Biden to end federal unemployment benefits as the country pulls itself out of the Coronavirus pandemic. The extra benefits provided out-of-work Americans with an extra $300 a week but as…
Heresy Financial: Food Prices Just Hit Dangerous Levels
In this episode, we look at the last two times food prices became as expensive as they are today. Unfortunately, many countries around the world experienced riots, protests, and general civil unrest. What will governments…
Investors are Seriously Concerned About Inflation
The coronavirus pandemic is subsiding, but the new normal might not look the same as 2019. One reason why: The prices of some goods and services have crept up due to inflation and could continue…
Heresy Financial: Fed To Start Selling Their Bond…
In this episode, we look at the implications of the recent announcement by the Fed that they will start selling their bond ETFs on June 7th. Despite the fact that they should never have even…
Hackers Make New Target as Consumers Shift to…
Cybercriminals are homing in on the financial services industry as more consumers shifted to digital transactions during the pandemic. The percent of suspected digital fraud attempts across U.S. industries rose 25% during the first four months of…
Gage Skidmore from Surprise, AZ, United States of America via Wikimedia Commons
Report: During Negotiations with GOP Biden Offers to…
President Biden offered to scrap his proposed corporate tax hike during negotiations with Republicans on an infrastructure plan, a source familiar with the matter said Thursday, as the two sides strive to strike a bipartisan…
Heresy Financial: Why Mortgage Applications Dropped, Where You…
In this video, we talk about the reason behind the recent drop in mortgage applications. Contrary to what it would seem on the surface, this is not a negative indicator for the future of real…