How the Federal Reserve System Harms the Economy
Jeremy R. Hammond explains how the Federal Reserve System harms the economy by effecting a transfer of wealth upward, serving the interests of the political and financial elite at the expense of the rest of society.
Read More
Make-Believe America: Why the US Unemployment Rate Doesn’t Indicate Economic Recovery
Today the labor force participation rate is the lowest since February 1978, reversing all of the gains of the Reagan years, and the Federal Reserve has used an increase in consumer debt to fill in for the missing growth in consumer income for so long that consumers have no more room to take on more debt.
Read More
Do Financial Markets Still Exist?
As central banks have learned that they can rig financial asset prices to the delight of everyone in the market, in what sense does capitalism, free markets, and price discovery exist?
Read More
Another Arrested Equity Correction?
The Federal Reserve uses its Plunge Protection Team to further S&P futures. How long can the fraudulent valuation of equities continue?
Read More
How Much Death and Destruction Awaits Us in 2018?
Central banks, which are supposed to provide economic stability, have created a massive fraud, and no Western government serves the public interest.
Read More Does Fed Inflation Cause Economic Growth? (Don’t Ask Paul Krugman.)
Paul Krugman argues that Fed’s monetary inflation is the cause of economic growth and hasn’t caused significant price inflation. Here’s why he’s wrong.
Read More
The US Economy Is Failing
As an economist, I can’t identify in history any economy whose affairs have been so badly managed and prospects so severely damaged as that of the USA.
Read MoreThe Coming War on China: A Review of John Pilger’s Latest Documentary
John Pilger’s film ‘The Coming War on China’ should be viewed by anyone concerned about the world’s greatest threat to peace: the US government.
Read More Democracy Is a Front for Central Bank Rule
Why do “democratic Western democracies” have central banks that do nothing except protect big banks at the expense of the people?
Read More Is Bitcoin Standing In For Gold?
The Federal Reserve adds to the wealth of the rich as its monetary inflation flows into the prices of financial assets, like stocks and bonds.
Read More More Fake News from Washington: This Time It’s about Employment
The government uses fake facts so that the stock market’s rise is perceived to be real and not the result of Federal Reserve manipulation.
Read More US Deficit and Debt Explained
The US debt has climbed steadily for decades, and there’s no pleasant way to clear it up.
Read More
