Tag: Federal Reserve
Is the Federal Reserve Losing Control of the Gold Price?
With central banks moving their reserves from dollars to gold, the demand for US government debt is not keeping up with supply.
Tariff Damage Spreading in US, China within Target in H2 2019
In the second half of 2019, US economic prospects will soften, despite the Fed rate cut, whereas Chinese growth target is likely to prevail. It’s time to prepare for diminished global economic prospects in 2019-20.
More Fake Happy News About Jobs
The claim of a falling rate of unemployment over the past decade is inconsistent with the falling labor force participation rate.
Economic Growth Comes from Consumer Saving, Not Spending
The Federal Reserve’s inflationary monetary policy perversely incentivizes consumer spending when what the economy needs for real growth is consumer saving.
Are You Prepared for a Recession?
Contrary to what you might read in the New York Times and other establishment media, the US economy is not doing fine. Another Fed-caused bust is coming.
The Diminishing American Economy
The Federal Reserve conducts monetary policy for the purpose of protecting the balance sheets of banks and other favored financial institutions.
The State of the Economy
The Federal Reserve and plunge protection team will rig the markets for the mega-rich until the US dollar loses its role as world reserve currency.
A Golden (Long-Term) Opportunity
With most physical demand for gold coming from emerging economies that are also fueling global growth prospects, gold is on the right side of the future.
The Self-Imposed Impotence of the Russian and Chinese Governments
Why don’t the Russian and Chinese play their winning hands? The reason is that neither government has any advisers who are not brainwashed by neoliberalism.
Who Does America Belong to? Not to Americans.
Thomas Jefferson’s prediction that central banking would “deprive the people of all property until their children wake up homeless” is coming true.
How Trade Wars Penalize Asian Currencies
Trump’s economic policies have triggered trade wars that are now penalizing all currencies, particularly in exporting economies.
How Long Can The Federal Reserve Stave Off the Inevitable?
It is Washington’s hegemony that protects the American Ponzi scheme, which will unravel the moment foreign central banks cease supporting the dollar.
For Economic Truth Turn To Michael Hudson
Neoliberal economics is an essential part of The Matrix, the false reality in which Americans and Europeans live. Neoliberal economics permits an endless number of economic lies. Michael Hudson’s books provide an antidote.
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.
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.
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?
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?
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.
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.
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.
