“Playing Politics In honest capitalism, you do what you can to get other people to voluntarily give you money. This usually involves providing goods or services they think are worth the price. You…”
Source: Janet Yellen’s Shame
Archive for the ‘Federal Reserve’ Category
Worse Than 1929?
18
Sep
“Greg Hunter’s USAWatchdog.com Economic expert and best-selling author David Stockman offers a dire view of the deep financial trouble America faces in his new book titled “Trumped!” Stockman war…”
Source: USA Watchdog Interview: Current Stock And Bond Bubbles Much Worse Than 1929
Dollars from the sky?
12
Sep
“The US Federal Reserve (Fed) is considering raising rates.”
Source: Central Banks May Choose Helicopter Money Over Negative Rates
Bipartisan fiasco
10
Sep
“The Six Presidents Causing US Bankruptcy By Egon von Greyerz Since Reagan came to power in 1981, the US has had a total of five presidents who have spent ever increasing amounts of money to hang on…”
Source: The Six Presidents Causing US Bankruptcy | Matterhorn – GoldSwitzerland
The Fed’s massive manipulation
31
Aug
“The Federal Reserve, with its bargain-basement interest rates, is also hurting capitalism, bond king Bill Gross says.”
Source: Bill Gross: The Fed has mastered market manipulation
Why are central bankers annihilating savers with their interest rate policies?
31
Aug
The greatest monetary experiment in history will blow up.
“Well, clearly there are different responses to negative rates. If you’re a saver, they’re very difficult to deal with and to accept, although typically they go along with quite decent equity prices. But we consider all that and we have to make trade-offs in economics all the time and the idea is the lower the interest rate the better it is for investors.”
Source: Stanley Fischer’s Bizarre Justification For Negative Rates
Got cash?
24
Aug
“Starting today, the Royal Bank of Scotland will become the first bank in the U.K. to impose a negative interest rate on depositors.”
Source: The Blessing of Cash
The war on the middle class
26
Jul
“Duped and Distorted DUBLIN – When you start thinking about what money is and how it works, you face isolation, shunning, and possible incarceration. The subject is so slippery – like a bead of me…”
Source: Unsound Money Has Destroyed the Middle Class