Home » Posts tagged 'fed' (Page 14)
Tag Archives: fed
More Money Doesn’t Mean More Wealth
More Money Doesn’t Mean More Wealth Photo by Shane The Federal Reserve has targeted a 2% inflation rate for years, as though it’s a holy grail. As though 2% inflation was an economic panacea that would perfectly balance employment, business investment and bank lending. Recently, the Fed has loosened the reins on inflation and let it […]
A Look Back at Nixon’s Infamous Monetary Decision
A Look Back at Nixon’s Infamous Monetary Decision A half century ago one of the most disastrous monetary decisions in U.S. history was committed by Richard Nixon. In a television address, the president declared that the nation would no longer redeem internationally dollars for gold. Since the dollar was the world’s reserve currency, Nixon’s closing of […]
Debt Ceiling Drama, Yellen Begins “Extraordinary Measures” to Stave Off Default
Debt Ceiling Drama, Yellen Begins “Extraordinary Measures” to Stave Off Default Photo by Senator Mark Warner CC BY 2.0 Two years ago, the debt ceiling was lifted. Lifting the debt ceiling to make room for more government spending has been pretty routine since since 1917. Until now… While it’s quite likely that U.S. debt had already reached […]
Peter Schiff: Central Banks Have Created the Mother of All Bubbles
Peter Schiff: Central Banks Have Created the Mother of All Bubbles The Federal Reserve and other central banks around the world have pumped trillions of dollars into the global economy and depressed interest rates to artificially low levels to blow up the mother of all bubbles. In his podcast, Peter Schiff explained how the recent […]
Behind the Curtain
Behind the Curtain Jennifer Accuri, who had a love affair with Boris Johnson and obviously knows him very well, has also been out talking about what is going on behind the curtain. I have heard that this drive for 100% vaccination has at its core the attempt to whip society into obedient drones. That is […]
Tough Questions Generate Weak Common Assumptions
Tough Questions Generate Weak Common Assumptions Picture Of Space Tourists An article suggesting how common space travel is about to become highlights how willing people are to accept opinions as fact. Most people make assumptions based on a number of factors. These include what they see, what they hear, and more importantly, based on the general […]
Lacy Hunt On Debt and Friedman’s Famous Quote Regarding Inflation and Money
Lacy Hunt On Debt and Friedman’s Famous Quote Regarding Inflation and Money Lacy Hunt takes on the widespread belief that sustained inflation is on the way in his latest quarterly review. Hoisington Quarterly Review and Outlook 2nd Quarter 2021 Here are some snips to the latest at Hoisington Management Quarterly Review (Emphasis Mine). Too Much Debt In highly […]
Too Much Money Chasing Too Few Goods and Services
Too Much Money Chasing Too Few Goods and Services Inflation can be considered a tax, an especially regressive one, falling harder on those with lower income and/or assets. As we’ve noted previously, the Federal Reserve’s “M2” monetary aggregate began growing significantly faster than the “GDP” measure of economic output in the United States beginning around 2008, […]
The Ugly And Difficult Hunt For The True Economy
The Ugly And Difficult Hunt For The True Economy Good luck with acquiring a clear view of our economic future. It is shrouded and cloaked under an ocean of often irrelevant facts and figures. Somewhere between what we are told is occurring in the economy and what we see happening on Main Streets across America […]
Grocery Stores Are Masking Price Hikes Via “Shrinkflation”
Grocery Stores Are Masking Price Hikes Via “Shrinkflation” The continued decline in Treasury yields has prompted many short-sighted arm-chair analysts to declare that the Fed was right about inflationary pressures being “transitory”. Of course, as Treasury Secretary Janet Yellen herself admitted, a little inflation is necessary for the economy to function long term – because without “controlled […]
Wells Unexpectedly Shuts All Existing Personal Lines Of Credit, Hinting US Economy On The Edge
Wells Unexpectedly Shuts All Existing Personal Lines Of Credit, Hinting US Economy On The Edge Wells Fargo just announced that it’s shutting down all of its existing personal lines of credit – a popular product offered by the retail-focused Wall Street giant – a move that will likely infuriate legions of customers. The revolving credit […]
While Fed Is in Denial, Hawkish Bank of Russia Sees Inflation as “Not Transitory,” Warns of Possible Shock-and-Awe Rate Hike
While Fed Is in Denial, Hawkish Bank of Russia Sees Inflation as “Not Transitory,” Warns of Possible Shock-and-Awe Rate Hike US Inflation is almost as hot as in Russia, but the Fed is still blowing it off. Consumer price inflation in Russia is red-hot, having jumped 6.0% in May compared to a year ago, 2 […]
Cornered Fed Weighs Dilemma: Market Crash or Runaway Inflation?
Cornered Fed Weighs Dilemma: Market Crash or Runaway Inflation? Image via Science Photo Library The U.S. economy is at a fork in the road. One route leads to the return of market fundamentals and sane stock valuations, at the cost of a historic market correction. The other route leads to runaway hyperinflation that eats up […]
When Expedient “Saves” Become Permanent, Ruin Is Assured
When Expedient “Saves” Become Permanent, Ruin Is Assured The Fed’s “choice” is as illusory as the “wealth” the Fed has created with its perfection of moral hazard. The belief that the Federal Reserve possesses god-like powers and wisdom would be comical if it wasn’t so deeply tragic, for the Fed doesn’t even have a plan, […]
Peter Schiff: Political Hypocrisy Provides Cover for Fed on Inflation
Peter Schiff: Political Hypocrisy Provides Cover for Fed on Inflation From 2016 to 2020, Republicans were constantly trying to play up the economy. You’ll recall Donald Trump claiming it was the greatest economy in history. Meanwhile, Democrats were trying to play it down. Now, the roles have reversed. Since the Democrats own the economy now, […]
