Liquidity injections are like a drug, and the financial markets just can't get enough of them.
REVEALED: Two Fed presidents with insider knowledge of US monetary policy sold millions of dollars of stock in blue-chip firms including Amazon, Apple, and Google last year, prompting ethics review
The Federal reserve says that inequality is a problem. At the same, the Fed also pretends to have nothing to do with it.
Jeff Gundlach Warns "History Books Won't Say Inflation Was Transitory", Remains Long-Term Dollar Bear
Peter Schiff recently appeared on RT Boom Bust to talk about Fed monetary policy and the possibility of a taper. He said even if the Fed does slow asset purchases, the taper won't last long. Ultimately, the Fed will expand QE.
What causes a recession or depression? - the answer may surprise you. The boom and bust cycle has been rolling on for centuries now, even though we know what causes it and have the means at our disposal to stop it. Fiat currency creation (fractional
Jerome Powell delivered his much-anticipated speech virtually during the Jackson Hole summit on Aug. 27. Peter Schiff talked about the speech during his podcast.
Happy Birthday, fiat currency!
--"Climate Change" And "Racial Justice"