Tag: economy

While the COVID-19 crisis continues to be top of mind for many Americans, it’s important to remember that other disasters can still occur with little or no warning, making it vital to prepare.

There’s a widespread belief that the exorbitant quantity of money the Federal Reserve is pouring into the U.S. economy must eventually mean the return of high inflation. After all, if there’s lots more money but no more stuff to buy, prices must rise, mustn’t they? So the prospect of Judy Shelton – known for her support of the gold standard – joining the Fed’s Board of Governors is raising the hopes of those who want the Fed to be stripped of its money creation powers.

At a press conference before a speech to the Medical Committee for Human Rights in 1966, two years before his assassination, Dr. Martin Luther King Jr. noted, “Of all the forms of inequality, injustice in health is the most shocking and inhumane because it often results in physical death.”

The pandemic has upended the world as we know it in nearly every aspect of our lives — our jobs, schools, and social lives have had to drastically change to fit the new normal. With the unemployment rate at a historic high, paired with legally mandated stay-at-home orders, many Americans have found themselves in a difficult situation, as paying rent has never been more difficult yet necessary.

The U.S. Department of Veterans Affairs (VA) today announced its commitment to extend debt relief to Veterans adversely impacted by COVID-19 to the end of 2020 by suspending certain debt collection actions.