Here Is The Stunning Chart That Blows Up All Of Modern Central Banking
Get ready for the helicopters… Read More Here Is The Stunning Chart That Blows Up All Of Modern Central Banking
Category: Central Banking
U.S. Debt Crisis Comes into View as Fed’s Balance Sheet Explodes Past $7 Trillion
Numerous aspects of what the Fed is doing are likely illegal under its statutory legislation known as the Federal Reserve Act.… Read More U.S. Debt Crisis Comes into View as Fed’s Balance Sheet Explodes Past $7 Trillion
How the Fed Bailed Out the Investor Class Without Spending a Cent
Just announcing $4.5 trillion in future spending to support securities markets was enough to keep owners of capital protected from the downsides of the coronavirus… Read More How the Fed Bailed Out the Investor Class Without Spending a Cent
Fed Admits Corporate Bond Buying Will Be at Least a 5-Year Debt Bailout
“Our intention is to buy and hold.”… Read More Fed Admits Corporate Bond Buying Will Be at Least a 5-Year Debt Bailout
The Death of the Central Bank Myth
For decades, monetary policy has been treated as technical, not political. The pandemic has ended that illusion forever… Read More The Death of the Central Bank Myth
The Net Worth Of America’s Billionaires Has Increased By More Than $400 Billion During The Pandemic
America’s billionaires saw their wealth increase by $434 billion during the course of the global pandemic, according to a new report, a staggering figure that coincided with upheaval to the global economy and more than 38 million Americans filing for unemployment… Read More The Net Worth Of America’s Billionaires Has Increased By More Than $400 Billion During The Pandemic
The Fed’s Chair and Vice Chair’s Deep Ties to Carlye Group
It should give pause to every American that the two top men at the Federal Reserve who are now implementing a new $4.54 trillion bailout fund for Wall Street both got rich working for one of the world’s largest private equity firms… Read More The Fed’s Chair and Vice Chair’s Deep Ties to Carlye Group
How the COVID-19 Bailout Gave Wall Street a No-Lose Casino
While ordinary Americans face record unemployment and loss, the COVID-19 bailout has saved the very rich… Read More How the COVID-19 Bailout Gave Wall Street a No-Lose Casino
The Bailout Is Working — for the Rich
The economy is in free fall but Wall Street is thriving, and stocks of big private equity firms are soaring dramatically higher. That tells you who investors think is the real beneficiary of the federal government’s massive rescue efforts… Read More The Bailout Is Working — for the Rich
Meet the Fed’s Global Plunge Protection Team
To understand why the stock market soared on Friday, the same day the Bureau of Labor Statistics reported the worst U.S. unemployment figure since the Great Depression, you need to understand what Fed Chair Jerome Powell was methodically setting in place in February… Read More Meet the Fed’s Global Plunge Protection Team
Congress Sets Up Taxpayers to Eat $454 Billion of Wall Street’s Losses. Where Is the Outrage?
The Fed was created in 1913 under the Federal Reserve Act. There is nothing, whatsoever, in the 107-year history of the Fed that states or even suggests that it can lever up taxpayer money by 10 to 1 to bail out Wall Street and stick the taxpayer with the losses… Read More Congress Sets Up Taxpayers to Eat $454 Billion of Wall Street’s Losses. Where Is the Outrage?
How Capitalism Was Destroyed From Within
At this point the world economy, and especially the US economy, only works as long as you keep it hooked up to a ventilator, and it works badly… Read More How Capitalism Was Destroyed From Within
