Tag Archives: Federal Reserve

Trump’s Moment of Truth: Federal Reserve Audit?

A bill has proceeded in Congress to audit the Federal Reserve – the most pervasive fascist institution in the United States. This is not necessarily new. Ron Paul submitted these bills to Congress many times throughout his career in Washington. He wanted to force the Federal Reserve to be honest with us about their operations. […]

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Take a Hike: Federal Reserve Planning For Recession?

Last week, the Federal Reserve “raised rates”, as the mainstream financial media is apt to say. What this really means is that the Federal Raise raised the only interest rate that they have any direct control over: the rate of interest paid on excess reserves. The rate was increased from 0.5% – barely above zero […]

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What’s The Deal With Interest Rates?

From Marketwatch, we read: Federal Reserve Chairwoman Janet Yellen on Monday said she expects the U.S. economy will continue to improve and expects further gradual increases in interest rates will “probably” be appropriate. “I continue to believe that it will be appropriate to gradually reduce the degree of monetary policy accommodation, provided that labor market […]

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Wall Street Casino: Collapse of Valeant.

Valeant Pharmaceuticals’ share price has plummeted over the past six months. Once a Wall Street bull, the company is now the very definition of a popped balloon: This is incredible. How on earth does a large firm, supposedly staffed with seasoned corporate leaders, advisors, and investment experts, undergo such an insane bust? Why weren’t all […]

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The Naked Empress.

On December 16th, The Federal Reserve Open Market Committee (FOMC) released a statement making a long awaited declaration: they are raising interest rates. What does this really mean in a practical sense? For all the talk of the Federal Reserve raising interest rates, there is actually only one interest rate which the Federal Reserve has […]

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Will the Federal Reserve Raise Interest Rates?

On the Wall Street Journal, we read: Federal Reserve Chairwoman Janet Yellen , sounding upbeat about the economy, laid the groundwork for interest-rate increases later this year. “The employment situation in the United States has been improving on many dimensions,” Ms. Yellen told the Senate Banking Committee on Tuesday, her first of two days of […]

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Elizabeth Warren, Friend of the Big Banks?

On the Wall Street Journal, we read: A critical question for Sen. Rand Paul’s effort to expand oversight of the Federal Reserve’s interest-rate decisions is whether he could win support from the central bank’s leftist critics in Congress. But one of the Senate’s most prominent liberal Democrats says she’s not on board. Sen. Elizabeth Warren […]

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The Price of Oil: What You Need to Know.

On Fox News, we read: With the price of oil now below $56 a barrel, drivers are smiling at the gas pump. However, American oil producers and the states whose economies rely on them are bracing for tougher times ahead. “If oil drops five dollars a barrel, that’s about a $17 million loss to our general […]

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Widening Gap Between Rich and Super-Rich: What Does it Mean?

In the New York Times, we read: Philip Rushton has been selling private jets to the global rich for more than three decades. In just about every economic cycle, sales of small jets and big jets tended to move together — rising and falling with financial markets and fortunes of the wealthy. Now, however, the […]

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Alan Greenspan: “The Economy Sucks. Buy Gold.”

Alan “the Maestro” Greenspan is the former chairman of the Federal Reserve. He was also one of the foremost architects of the 2008 recession. Greenspan is severely at fault for the massive housing bubble of the early 2000s, which he has yet to willingly accept any blame for. But perhaps he is finally facing the […]

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