How The Fed Created The Greatest Socio-Economic Crisis
• Ron Paul Liberty ReportThe politically-connected rich keep getting richer at the expense of the middle class and poor. The Fed is the apparatus that makes it all happen.
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The politically-connected rich keep getting richer at the expense of the middle class and poor. The Fed is the apparatus that makes it all happen.
Forget about borrowing money from China. That's old-fashioned. These days, with yesterday's trillion dollar "stimulus" bill, the Fed just creates free money for Americans! We can all be rich! What could go wrong? The combined 5,500 page "stimulus" b
You know the US economy has gotten really bad when Americans who never would have contemplated shoplifting before are stealing food to survive.
It isn't just the virus that has caused our financial woes - it's the response to the virus. Nearly every family is feeling the effects to some degree.
...Are Permanently Shuttered
Some Federal Reserve officials are calling for tougher banking regulations in order to prevent the Fed's low interest rate policy from leading investors to take "excessive" risks that will create asset bubbles.
Despite reports that the the Government Accountability Office has found that the Labor Department has "consistently" provided inaccurate information on the state of the labor market, we continue to watch weekly jobless claims for signs of life (or ne
In this context, the auto sector will probably contribute negatively to November retail sales that will be released on December 16th...
As the Fed counterfeits and counterfeits some more, the price of Bitcoin has hit record highs. A financial crisis looms as there is a great disconnect between economic reality and the financial fantasyland that The Fed has once again created. Today w
Let's start with the basics. There's no evidence that lockdowns work to stop the spread of coronavirus. None. This is not guesswork.
Let's start with the basics. There's no evidence that lockdowns work to stop the spread of coronavirus. None. This is not guesswork.
So what's going on here, is Wall Street really starting to worry about what we first said back in 2010 - much to Time Magazine's mockery - that the Fed's disastrous policies would eventually push US society to armed conflict and/or to civil war.
We have argued that the Federal Reserve has no exit strategy from this extraordinary monetary policy.
"I have never seen any circumstances as bizarre and complicated as what we're seeing right now," said Sherrie Tussler, executive director of the Hunger Task Force, a food bank and anti-hunger advocacy group in Milwaukee.
...Will Be Great For Stocks
"We can't do it, unless we raise taxes." These are words that one hardly ever hears from Washington. How can this be? How can they run a military empire, a humongous welfare state, bailout everyone, and make promises that can never be kept? Well, it'
Due to COVID-19, almost every country in the world closed its borders. Over seven months later, most governments still restrict travel, economic activity, and social gatherings.
After the previous week's disappointing resurgence in initial jobless claims, this week saw the number of Americans filing for first time unemployment benefits plunged to 787k (870k exp) - the lowest since the pandemic lockdowns began...
Masbia is a nonprofit soup kitchen network and food pantry, with Borough Park and Flatbush locations in Brooklyn and Forest Hills in Queens. Rapaport said there had been a 500% increase in demand.
In this interview, Doug Casey explains how the United States and the U.S. economy are collapsing and how you can protect yourself financially.
Just because society experiences turmoil doesn't mean your personal life has to. And a depression doesn't have to be depressing. Most of the real wealth in the world will still exist--it will just change ownership.
The three most important factors for Americans - food, shelter, and energy costs - were a mixed bag
Last week, President Trump tweeted the rug out from under stimulus when he announced that negotiations were going to be cut off until after the election. The markets immediately tanked. But Trump quickly reversed course.
As the United States continues its struggle with the pandemic-induced economic recession and a sputtering recovery, the country's burgeoning debt is not anyone's top concern these days.
Hardly anyone expected that things would get this bad in 2020. Once the pandemic hit and states all over the country started instituting lockdowns, economic activity collapsed dramatically.
Trump tweeted that House Speaker Nancy Pelosi was "not negotiating in good faith" and said he's asked Senate Majority Leader Mitch McConnell to direct all his focus before the election into confirming his U.S. Supreme Court nominee, Amy Coney B
Government is now so lost, stumbling and trapped in its own narrative because it committed and went all-on on lockdown/shutdow... that now it can't face the consequences of what its already done…
Yesterday, Disney announced plans to eliminate 28,000 jobs as most of its theme parks remain closed, and the movie business remains effectively shuttered.
...'Fear And Loathing" in Las Vegas'
Won't be long until a trillion dollars will mean nothing