Echoing his predecessor Greenspan's shift to the 'dark side' (fully supportive of a gold standard after leaving office), former Fed Chair Bernanke now appears to be full-heartedly supportive of cryptocurrencies having warned in 2015 of "serious probl
The Jackson Hole gathering of central bankers and other economics big shots is over. They all still like themselves very much.
The dollar today...
Ben Bernanke will join Sir Tim Berners-Lee as keynote speakers at the "Swell" cryptocurrency conference October 16-18 in Toronto.
Global markets are stuck in a holding pattern with S&P futures up modestly after fluctuating overnight, as European and Asian shares rise with oil while the dollar has dipped lower ahead of the biggest central bank event of the year: the Fed's Jackso
Yesterday afternoon at around 1450ET, someone placed a huge 10,750 contract bet on the eurodollar strip - hoping that Janet Yellen will flip-flop back to her hawkish side and reignite expectations for a faster pace of interest-rate increases when she
Ever since entering the Senate, Rand Paul has continued his father's work in advocating for an audit of the Federal Reserve.
WE ARE ALL SLAVES TO CENTRAL BANKERS
James Corbett appears on The Gary Null Show for a detailed conversation on the history, function, and future of The Federal Reserve system. James and Gary discuss the history of the Fed as detailed in Century of Enslavement: The History of the Federa
Minutes of the July 25-26 FOMC Meeting show internal concern over the Fed's inability to hit 2% inflation.
(& Other Evidence That "They Really Don't Know What They're Doing")
In a mirror image of yesterday's ugly, tailing 10Y auction, moments ago the Treasury sold the last batch of paper for this week, when it auctioned off $15 billion in 30Y bonds, in a strong sale which printed at 2.818%, stopping through the
Fed "Reluctant" To Manipulate Stocks, Bullard Says
Here's a comparison that is surely vertigo inducing. On the one hand, the financial system is implicitly held to be so incredibly stable and healthy that volatility on the S&P 500 has been driven to 50-year lows.
Rep. Bill Posey (R-FL) asked Fed Chairman Janet Yellen a simple question at a recent House Financial Services Committee Hearing: Why does the Fed fear transparency? What exactly, specifically could an audit of the Fed result in that would harm the co
The Wall Street Journal reports Gold Standard Didn't Really Tame Inflation, New Research Says.
Many everyday citizens assume powerful global financial elites operate behind closed doors in secret conclaves, like the scene of a Spectre board meeting in the recent James Bond film.
It's all over now except the shouting about Obamacare repeal and replace, but that's not the half of it.
Since the Fed began raising interest rates in December 2015, financial market liquidity conditions have loosened considerably. Recall our post, Orwellian Monetary Policy, which we wrote in May.
Deutsche: The Fed Has Created "Universal Basic Income For The Rich" And Now It Can't Get Out
This morning, we are wondering: How dumb is the Fed? The question was prompted by this comment by former Fed insider Chris Whalen at The Institutional Risk Analyst blog...
Soon after his appearance, it emerged that the individual is a friend of a cryptocurrency trader who tweets under the handle CryptoEthan. He posted a picture of the person -soon known as the "Bitcoin Sign Guy" - who, in addition to holding up th
As Federal Reserve chair Janet Yellen testified before Congress today, one attendee had some attention-grabbing advice: buy bitcoin.
Colin Cantrell (Nexus Developer) on the digital currency; the future of blockchain; Nexus Conference Septr 21st-23rd 2017 in Aspen - Tim Picciott (The Libertarian Advisor) on The Fed selling off it's balance sheet - Dave Hodges (The Common Sense Show
Federal Reserve Chair Janet Yellen recently predicted that, thanks to the regulations implemented after the 2008 market meltdown, America would not experience another economic crisis "in our lifetimes."
23 SHARES Twitter Facebook Reddit Fed Chair Janet Yellen's prepared remarks confirm her previous stance that they will keep normalizing their policy stance (no matter what), bringing forward the timeline for unwinding the balance sheet, and
Federal Reserve Chair Janet Yellen recently predicted that, thanks to the regulations implemented after the 2008 market meltdown, America would not experience another economic crisis "in our lifetimes." Yellen's statement should send shivers do
After the 2013 "reflation" selloff, it took just about two years for the treasury market to revisit (10s) the 2013 lows (rates).
Time and time again, the Fed sows seeds of the next financial crisis in actions it takes to mitigate the previous financial crisis that it caused.
With all the talk of central bank hawkishness in the last week, one might assume there was some inflation to point to. It is quite the opposite. It is one thing to talk about inflation being below the Fed's target of 2%, it is an entirely different