Economy - The New American

The Federal Reserve Still Going Wrong at 100

At 100 years old, the Federal Reserve is still fulfilling its intended mission to control the nation’s money supply — empowering big banks...

Jack Kenny December 3, 2013

The New GDP — the GO — Still Won’t Capture All of the U.S. Economy

Bob Adelmann December 3, 2013

After 25 years of trying, economist Mark Skousen has finally persuaded a government agency to report U.S. economic activity more completely. ...

Amazon to Use Drones for Deliveries

Jack Kenny December 2, 2013

The same technology employed by the Pentagon and CIA to deliver bombs to targets in the Middle East will soon be used to...

As Bitcoin Prices Increase, So Do Concerns

Bob Adelmann November 29, 2013

With their nearly vertical rise in price, the digital currency Bitcoins are coming under increased scrutiny by skeptics and naysayers. ...

The Bitcoin Continues to Gain Credibility From Merchants and the Fed

Bob Adelmann November 26, 2013

The Bitcoin is no passing fancy but is gaining credibility daily as a better alternative to central banks' fiat currencies. ...

Government Is Taking Steps to Regulate Bitcoin

Bob Adelmann November 19, 2013

Various government agencies are discussing the possibility of regulating Bitcoin, but some experts say that Bitcoin's decentralized nature makes it difficult if not...

Former Fed Official “Sorry” for QE Looting of Public to Enrich Wall Street

Alex Newman November 15, 2013

With the growing national outcry over the Federal Reserve’s so-called “quantitative easing” (QE) scheme to enrich Wall Street by conjuring trillions of dollars...