The U.S. Federal Reserve has been building a pyramid that is similar to Madoff’s — but on a massive, global scale.
March 23, 2020: The Day the US Economy Did Not Crash
The day when Fed Chairman Jerome Powell rode in to rescue financial markets to prevent their complete freezing up could have entered our history books as another global mega-crash.
A US Stock Market Boom is Not the Basis of Shared Prosperity
The U.S. addiction to stock price inflation is rooted in an illusion. It is promoted by Donald Trump, Wall Street, the Fed and mainstream economists.
Central Bank Bosses as Lackeys?
How Trump and Erdogan are like twin brothers.
Stock Markets and the Trump Factor
While Trump says it’s all the Fed’s fault, this is why U.S. stock markets are really collapsing.
American People to Trump: What’s Goin’ on in the Markets?
What makes this particular market correction so spooky is that, unlike in 2008, no single reason has yet been identified as causing the downturn.
How the US Fed Tries to Discipline Trump
The Fed’s current interest rate increases are to tamp down the possibly very dangerous effects of fiscal recklessness during a time of a booming U.S. economy.
Will Trump’s Years Be Good for Gold?
Trump is of two minds on the whether he really wants to pursue sound economic policies or follow his instincts as a real estate developer.
Verdict on Greenspan: Guilty, But Not as Charged
As Fed Chairman, Greenspan utterly failed to limit leverage and bubbles, and this failure magnified financial fragility.
Central Banks as Relentless Boosters of the Rich
The US Fed doesn’t care about the real economy. It is just keen on stopping asset price deflation.