The Federal Reserve knows that the fake boom depends on more and more fake money. It’s a reckless addiction, and here’s why it won’t stop.
Amidst all the news about the Middle East and the British royals, we almost missed something important. The Fed has added billions of dollars more in debt.
Alan Greenspan is a name you will surely recognise. His tenure at the Federal Reserve saw the rise of easy-money policies. Here are the consequences.
All you have to do is follow the money, and you’ll start to see what’s wrong with America today. Fake trade deals. Escalating debt. Bad promises.
As interest rates drop, borrowing increases. It becomes easier and easier to get into debt. But is this addiction a healthy one?
It’s a controversial question: can the government do enough to influence the economy? If history is any indication, they often get it wrong.
Need to fund more government spending? The easiest way is to increase debt by printing more money. But is this a recipe for disaster?
In the news is word that Mr Neumann has been let go. The poor man is on his own, after SoftBank took control of his company.
The Fed is injecting money into the system as part of its ‘reserve management’ programme; it began this week with $7.5 billion.
The once-in-a-lifetime opportunity is for the Fed to enable the boneheads in the White House and Congress to spend more money
In, 2009-2019, debt rose even more. Worldwide, it more than doubled, growing five times faster than GDP.
Our beat is money. And in today’s money world, truth is rare; beauty can be found only in irony and mockery.
When the economy is healthy and growing, people buy stocks and the index generally goes up. These inverted yield signs signal an oncoming recession.
Faced with the next crisis, the monkeys at central banks are going to do what everyone expects them to do. The feds should let the market rates be set.