The Federal Reserve has raised interest rates 75 basis points, or ¾ of 1 percentage point. Even so, it remains at historic lows with a mostly downward trend since 1980. The Fed has two mandates: full employment and price stability. Both are impacted by its interest rate, and by the amount of money available for […]
federal reserve
Posted inOpinion, Opinion Columns
Opinion: Selling public lands to balance the federal budget is not a choice for Coloradans
Judy Shelton, a President Trump pick to be on the Federal Reserve Board of Governors, believes the federal government should sell off America’s public lands to balance the federal budget. In her 2009 book, Money Meltdown, Shelton advised that the U.S. government should sell off its numerous federal land holdings, including public lands, in order […]
Posted inCOVID, News
Cash or card? Coronavirus further shifted society away from currency, toward digital payments
As a young bartender reliant on tips, Josh Rivero developed an early affinity for cash and envisioned one day opening his own bar, complete with ATM, that would operate on nothing but legal tender. Times changed, and when he and his wife, Anna, opened the Fika Coffee House in 2008 in downtown Parker, he noticed […]