Lear Capital Blog

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  Bidenomics – How it’s going:

  Prices going up, wages coming down… Updated Consumer Price Index (CPI) numbers were released by the Bureau of Labor and Statistics (BLS) yesterday. Was it good news? It depends on who you ask. Some will tell you the numbers looked better than expected and that inflation is normalizing. Others will point out that inflation is …

  By Rachel Mills on September 15, 2023
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  CBDCs, De-Banking and lessons from Nigeria

  “Programmable currency means programmable citizenry” Recently, Nigeria ran a failed experiment with implementation of a Central Bank Digital Currency called the eNaira. You can read more about it here. Here's how it went in a nutshell (emphasis added): "When February 10, 2023, arrived and about 80 percent of the $7.2 billion, previously in private hands, …

  By Rachel Mills on September 11, 2023
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  Is the U.S. politically stable enough to maintain reserve currency status?

  The U.S. has been sinking in a leading political stability index for several years The political landscape in the United States is on fire right now, with the chief rival of the current administration, the presidential frontrunner in the opposing party being indicted, booked into a county jail complete with mugshot. Right in time for …

  By Rachel Mills on August 31, 2023
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  Why it’s never too early or too late to start an IRA

  Today. Today is a great day to plan for the rest of your life. Retirement is a phase of life often dismissed until later years, but one that demands strategic planning and proactive measures regardless of age. Whether you’re fresh out of college or approaching the twilight of your career, establishing an Individual Retirement Account …

  By Rachel Mills on August 17, 2023
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  Reserve Currency Privilege

  What’s it doing for you? Will the U.S. dollar ever lose it? The U.S. dollar has been the dominant reserve currency since the end of World War II, initially because of its gold-backing and the trust placed in the US government. However, in 1971 the U.S. abandoned the gold standard, ending the direct convertibility of …

  By Rachel Mills on August 14, 2023