The Federal Reserve System controls the amount of money that circulates in the United States. The production, though, is done by the Bureau of Engraving and Printing, and the United States Mint. This video shows how much it costs to create dollar bills and coins.
Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.
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from Lakshman Achuthan, Co-Founder and Chief Operations Officer of ECRI
Growth in multiple jobholders continues to trend up (bottom line in graph below). Meanwhile, single jobholder growth remains in an easing trend, falling to a six-month low in November (top line in the graph below).
Infographic Of The Day: Hobbies That Will Make You Money
You know that thing you spend your free time doing for free? Well, it might just be able to earn you a buck.
This widget provided by DailyForex.com Forex News & Brokers;
Written by Sig Silber
The science theme tonight is Modokis for which we, to a large extent, thank JAMSTEC. We will also cover the mature and declining phase of this quasi-La Nina which NOAA recently, just as the quasi-La Nina was entering the decline phase, declared "La Nina Conditions Apply" which was eerily similar to the call reversed a week later of the El Nino of 2014/2015. This raises questions. The late call, which itself was debatable, could simply be a debatable interpretation that should have been made two months earlier, a rush to take credit, or something much more concerning. Of course we will tonight also cover the forecasts for the U.S. and World. Lots to cover for a week without a major NOAA data release.
Written by Michael Clark
Material Nature vs. Spiritual Nature
This is a different perspective, I realize. But if this different perspective 'holds water' (like Pandora's water-jar did), intellectual atheism will suffer the same fate as every Day-Cycle material manifestation: to see the Object Function (the Day-Cycle) collapse back into the Wave Function (the Night-Cycle), leading to a new era of religious devotion and a turning away from materialism and individual fate. To put it in a different terminology, a new Dark Age will change our perspective radically again, and just in time.
by David Zeiler, Associate Editor, Money Morning
Money Morning Article of the Week
With its easy-money policies increasingly ineffective, the Federal Reserve is now devising a new, even more dangerous strategy - one that threatens the very nature of capitalism itself, which is private ownership of the means of production.
02Dec2016 Market Update: WTI Crude Climbed Back Up To Previous 51 Handle, US Dollar Index Trading At
02Dec2016 Pre-Market Commentary: US Stock Futures Flat, Crude Prices Slipping, US Dollar Falls Below
Written by Steven Hansen
Econintersect's Economic Index improved but still with the economic outlook for weak growth. The index remains near the lowest value since the end of the Great Recession. This month there are no recession warning flags. Six month employment growth forecast indicates minor improvement in the rate of growth.