
Central Planners Of The World, Unite!
• https://www.zerohedge.com, by MN GordonFederal Reserve Chair Jay Powell wants a swift decline in the rate of consumer price inflation. He isn't getting what he wants.
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Federal Reserve Chair Jay Powell wants a swift decline in the rate of consumer price inflation. He isn't getting what he wants.
Debt matters, and there are no "free" lunches when it comes to government spending.
Backward looking data seems to tell one story.
-- Billionaire Investor Warns Aggressive Fed Is Causing "Cracks Everywhere"
The European Central Bank (ECB) raised interest rates another 75 basis points last week. In his podcast, Peter Schiff explained how the ECB inflation fight could create big problems for the Federal Reserve and the US dollar.
"The magnitude by which [the reality of the Federal Reserve] deviates from the accepted myth," writes G. Edward Griffin, "is so great that, for most people, it simply is beyond credibility."
Let's tune into some interesting statements by former Fed Vice Chair Richard Clarida and his ducking of questions on the Fed's role in this mess.
Ahhhh, so it turns out that the Federal Reserve CAN shovel money directly into retail bank accounts, and did so for two full years under cover of PANDEMIC!!!
The Fed answers to no one in our government. They answer to a different set of masters, and the blame for the consequences of their policies falls to them and their cohorts.
The Federal Reserve was no doubt troubled by July's decline in the US unemployment rate to 4.5 percent and increase in job openings to 11.2 million.
The Fed Must Do $3.9 Trillion In QT To Control Inflation... Which It Can't Possibly Do
Fed officials are now admitting that their sized-up rate hikes won't even be sufficient to tame the price inflation they have helped create.
After actively promoting bubbles in housing and the stock market for years, the Fed is now rooting for a price crash.
As this summer of optimism draws to a close, the Fed path and recession fears are returning to the fore.
Stocks plummeted Friday after Federal Reserve Chair Jerome Powell said in his Jackson Hole speech the central bank won't back off in its fight against rapid inflation.
Now that Q2 earnings season is officially over, and liquidity is especially dismal with more than half of Wall Street pros on vacation, the annual plenary of the global central bank cognoscenti kicks off in Jackson Hole this week.
...Says 'Time to Open My Closed Mind'. He is now buying 2-year U.S. Treasury bonds despite repeatedly saying he does not invest in anything printed by the Federal Reserve or Wall Street.
The Eurodollar curve implies four quarter-point cuts are on the way starting in 2023. The Fed believes otherwise. Let's discuss stock market implications.
So much for any optimism that the US economy can avoid a hard landing.
Major bourses in Europe kicked off the session with modest broad-based gains before trimming gains amid a cautious tone; stateside performance more subdued
Nineteen years ago, they pulled off the world's first Big Lie. (With a little help from their friends)
You often hear the media, politicians, and financial analysts casually toss around the word "trillion" without appreciating what it means. A trillion is a massive, almost unfathomable number.
This video reveals what actually happened.
Steve Bannon UNLOADS at CPAC: The Federal Reserve Has Usurped the Power of the People and Must Be Ended (VIDEO)
'The biggest con they have': Steve Bannon calls to SCRAP the Federal Reserve saying it has 'USURPED' the power of the people as he promises a 'democracy suppository' in November's midterms
America was never meant to be an empire. After all, empires go broke! Why would any nation ever want that? Human life is much (much) too complex for one nation, or one government, to rule them all. Sadly, in the early 1900's, Americans ditched sound
America was never meant to be an empire. After all, empires go broke! Why would any nation ever want that? Human life is much (much) too complex for one nation, or one government, to rule them all. Sadly, in the early 1900's, Americans ditched sound
"...the Fed is committed to making the recession worse in order to fight inflation..."
"The audacity of the San Francisco Fed President of all people to say this..."
Today's price action was driven by Pelosi (and China's lack of starting WW3) and hawkish FedSpeak, jawboning back the market's perception that we are past 'peak tightening'... returning to 'forward guidance'.