The headline above is but one of countless times Fed Chairman Powell and his colleagues confidently said their policies do not result in wealth or income inequality.
President Joe Biden has ordered the Financial Stability Oversight Council to prepare a report on how the financial system can mitigate the risks related to climate change.
President Joe Biden has ordered the Financial Stability Oversight Council to prepare a report on how the financial system can mitigate the risks related to climate change.
US stock futures soared Thursday morning as President Biden unveiled his first federal budget, which calls for the government to spend $6 trillion in the 2022 fiscal year, with total annual spending set to increase to $8.2 trillion by 2031.
Economist John Williams, founder of ShadowStats.com, says the Federal Reserve has painted itself into such a tight corner with the economy it really has only two choices. Williams says it comes down to "Inflation or Implosion."
The Fed, politicians and their crony corporate friends persistently manipulate the dollar and U.S. economy to their advantage, at the expense of everyone else.
We've been talking about the inflation threat for months. But the markets have been acting as if the real threat is the Federal Reserve trying to fight inflation by tightening monetary policy.
As expected, today's overnight reverse repo facility usage soared above $300 billion, surging $57BN from $293BN on Wednesday to a whopping $351BN as 48 counterparties parked their reserves with the Fed in exchange for a 0.000% rate.
In today's FOMC Minutes there was a brief section that received little focus amid the broader analysis of the Fed's tapering, inflation language, yet which could be far more important in coming weeks in light of the violent move higher in overnight r
April's 4.2 percent past year increase in the Consumer Price Index is not likely to dissuade the Federal Reserve from continuing its policy of near-zero interest rates. Fed Chairman Jerome Powell believes the rising prices are just a temporary phen
• https://www.lewrockwell.com, By Charles Hugh Smith
The Fed has created trillions out of thin air to boost the speculative wealth of Wall Street, but it can't print experienced workers willing to work for low wages.
All USA currency is printed with the term "Federal Reserve Note" on them. That's the official term. "Cash" is just slang. I don't have a problem with anyone that doesn't already know that but I did wonder if those that deal with money everyday would
The effects of unprecedented government spending (of money it does not have) and unprecedented Federal Reserve counterfeiting of U.S. dollars are showing up in the economy with rapidly rising prices.
DoubleLine's Jeffrey Gundlach called the Fed's bluff late last month, telling investors during an interview that he suspected the central bank was merely "guessing" about the impact of inflation being "transitory".
Last week, we first highlighted an unusually large position being built in Eurodollar Mid-Curve options anticipating a Fed hawkish shift in outlook built around the Jackson Hole event held in late August.
You probably know somebody who has legitimately died of covid. Trouble breathing, a trip to the ER in an ambulance, transfer to ICU. Then the most ominous word of 2020, ventilator. They may as well name it the terminal ventilator because that's gen
What will happen to the US Dollar? With the government pumping money into the economy, how soon until the value of the dollar goes down the drain? Join Ken McElroy and famed economist Peter Schiff in a discussion about inflation in 2021, the value of
"So much for the idea that the Fed is independent when you have a former Fed chairman admitting that he lied in order to push a narrative that the Bush administration wanted the country to believe - that everything was great and there was nothing to
Watch Streaming Broadcast Live:
Flote
LRN.fm
DLive
Live Chat Telegram
Share this page with your friends
on your favorite social network: