Is The Federal Reserve 'Public Enemy Number One'?
• zerohedge.com by Peter SchmidtWhen currency was backed by gold, a central bank's main function was to maintain the value of the issued currency in terms of gold.
ON AIR NOW
Click to Play
When currency was backed by gold, a central bank's main function was to maintain the value of the issued currency in terms of gold.
As the Federal Reserve kicked off its second round of quantitative easing in the aftermath of the Great Financial Crisis, hedge fund manager David Tepper predicted that nearly all assets would rise tremendously in response.
Since the Federal Reserve hiked rates, "big" US banks have dramatically underperformed "small" US banks, continuing a trend that has been going on since February...
The Federal Reserve hiked its benchmark short-term interest rate a quarter percentage point Wednesday and indicated that two more increases are likely this year.
...Monopoly on Money
Danielle Booth, a veteran of the Dallas Fed and author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America, joins the show to consider whether--or if--the Fed can ever return to "normal" monetary policy. Raising interest rate
Central Banker Observes Sudden "Evaporation" Of Dollar Funding, Warns Of Global Turmoil
To Cover An Unexpected $400 Expense...The U.S. economy is not doing nearly as well as the mainstream media would have you believe. A few days ago I wrote about a new study that discovered that nearly 51 million U.S. households "can't afford basi
Trump Federal Reserve Board of Governors nominee Marvin Goodfriend reportedly said in 2016 that cash should be phased out of circulation so the Fed can charge negative interest rates and force consumers to pay fees to keep money in savings accounts.
A report on home prices and housing wealth contains a set of interesting charts and observations.
The story goes that quantitative easing was instituted to "bridge" the financial and economic systems across a "rough patch".
Fed tightening has been a reliable catalyst for the bursting of asset bubbles globally, says Crescat Capital.
St. Louis Federal Reserve President, James Bullard, was recently interviewed at this year's Consensus conference in New York City. That a top US economic policy maker was in attendance is victory enough; however, he was asked his opinions on crypto
In an odd convergence, a sworn protector of the fiat currency regime, St. Louis Fed president James Bullard is presenting on the topic of cryptocurrencies, or rather "Non-Uniform Currencies and Exchange Rate Chaos" at the blockchain tech conference i
US Retail Sales, China Data Barrage; Non-Stop Fed Speakers
The market expects a 100% chance of a hike in June and a 78.2% chance of at least one more hike by September. Then what?
"There is a sword of Damocles hanging over the head of every American. Sadly, it is about to drop."
Paul Preston of Agenda 21 Radio, a quality and and tireless researcher, and myself have combined on investigating a number of issues ranging from the crisis involving the Oroville Dam to the various developments of the CALEXIT movement.
America's monetary system was hijacked in 1913. The U.S. Constitution wasn't amended to bring about The Federal Reserve….it was just ignored. We use unconstitutional money every day. This "system" is the monetary system of Empire.
The Federal Reserve set to leave interest rates on hold at its April meeting; the key is whether they nod to recent economic weakening or stick to a positive message.
After a stern warning about a calm before an economic storm, investor Peter Schiff has accused the US Federal Reserve of being oblivious to the upcoming crash.
The article is highly dismissive in presenting what it describes as "the non-case for central bank cryptocurrencies," concluding that "a central bank will not issue cryptocurrencies in the sense of a truly decentralized and permissionless asset
The ten year U.S. Treasury Bonds rose above 3% for the first time since January 2011. The main reason is speculation that the Fed will seek an increasingly aggressive rise in interest rates. Yields rose as Fed officials talk of raising interest ra
Government central planners at the Federal Reserve, and everywhere else, all suffer from "physics envy." They seek to model the un-modelable. Ron Paul discusses why the central planners always have, and always will, fail spectacularly.
The current president and chief executive officer of the San Francisco Federal Reserve Bank, and the man expected to soon be the New York Federal Reserve Bank, John Williams, has rejected the suggestion that cryptocurrencies comprise currency.
A few days ago, Neel Kashkari, president of the Minneapolis Fed, told an attendees at an event at Howard University that Wall Street is "forgetting the lessons of the 2008 financial crisis":
In his latest podcast, Peter Schiff said we are basically enjoying the calm before the storm right now.
In his latest podcast, Peter Schiff said we are basically enjoying the calm before the storm right now.
While Philly Fed's headline index marginally beat expectations, under the hood, things are not so promising as Prices Paid surged to 7 years highs and Prices Received did not (crushing margins).
While President Donald Trump celebrates gains in the economy as job numbers rise, a prominent banking executive is warning investors that the Federal Reserve may have to take "drastic action" to combat massive inflation that is to come.