Simon Black It’s nothing but rosy news coming from the Federal Reserve. Recently the Fed released this reassuring statement: “The banking system remains well-capitalized under even the harshest of these downside scenarios. . .” In […]
by David Stockman International Man: Recently, Fed Chairman Jerome Powell said the central bank’s money printing is designed to help average Americans, and not Wall Street. What’s your take on this? David Stockman: Yes, and if […]
By Greg Hunter’s USAWatchdog.com (Early Sunday Release) Financial writer Bill Holter says the Fed cutting bank reserves to 0% for the first time in history is a “huge deal” and a red flag for what is coming. […]
Robert P. Murphy We keep hearing from the Fed’s defenders that the current spate of new stimulus and bailouts from the central bank are really not a big deal and are all very prudent and moderate. […]
Western Civ’s most infamous encounter with pandemic disease, so far, was the big first wave of the Black Death that had a marathon run from 1346 to 1353. That bug was the real deal. It […]
CHARLES HUGH SMITH It’s not that hard to forecast a populist revolt against the parasitic class that’s grown obscenely wealthy as a direct result of Fed policies. Under the tender care of the Federal Reserve, […]
Don’t it always seem to go, that you don’t know what you’ve got ‘til it’s gone, Joni trilled half a century ago. Another song, by CSN, went, it’s been a long time coming, it’s gonna be […]
The Fed announced today that it will buy junk bonds. This exceeds its legal authority. Supposedly, it’s temporary. Under guise of virus support, the Fed Will Buy Junk Bonds, Lend to States to the tune of […]
Author: Tom Luongo As much as I hate to invoke The Ayn Rand lest I give off the impression I’m some kind of Objectivist, which I am most certainly not, the engine of the world is […]
MIKE WHITNEY Imagine if the congress approved a measure to form a public-private partnership between the US Treasury and the Federal Reserve. Can you imagine that? Now imagine if a panicky and ill-informed Congress gave […]
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