Thursday, June 26, 2014

What You Need to Know About the US Federal Reserve

The Instability of the Federal Reserve by Market AuthorityEvery economic transaction is an agreement between two motivated parties. It doesn’t matter what is being exchanged: cash for AAPL stock, airline miles for a first class upgrade, a used auto for bitcoin, or even a concert ticket for a little weed. For any transaction to occur, the buyer and the seller must believe that what they’re receiving will increase their utility (ie-happiness) and they won’t be ripped off. AAPL will not suddenly issue an earnings warning; the used auto must not be a “lemon”; and the concert ticket (and weed) must be real.



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