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Remember, investors started the decade with US stocks near their post-crisis lows, with few anticipating the unbridled rebound that would come to pass during the ensuing months and years...Even more surprising was the drop in interest rates: Negative
Host:
Ernest Hancock
John Sneisen (The Economic Truth) come on the show to discuss the Fed's overnight repo market, and economic and freedom issues... - Adam Kokesh on 'Christmas with Kokesh Livestream' -Phranq Tamburri, NMD, The Trump Report
The flood of obituaries that noted the passing of Paul Volcker (1927–2019) last week have almost all lauded his achievement as Fed chair (1979–1987) in reining in the double-digit inflation that ravaged the US economy during the 1970s.
--With Second "Undersubscribed" Turn Repo Even As Pozsar Doubles Down On Doomsday
At the Federal Reserve, 2020 will be all about making the repo market boring again. Policy makers will find this easier said than done.
While the Fed and its sycophantic echo chamber has been engaged in a bizarro propaganda campaign to convince the public that the monetization of $60BN in -
a legitimate market enables price discovery. What is price discovery? The decisions and actions of buyers and sellers set the price of everything: assets, goods, services, risk and the price of borrowing money, i.e. interest rates and the availabilit
Ahead of today's massive liquidity drain, which according to some calculations will be as much as $100 billion between $54BN in coupon settlements from last week's Treasury auctions and an additional $50 billion or so in corporate income tax payments
With the federal deficit running 22% higher during the first ten months of 2019 compared to the same period last year ($800bn vs. 655bn), student loans and other federal programs which increase the Treasury's overall borrowing are running somewhat
"The few who understand the system will either be so interested in its profits or be so dependent upon its favours that there will be no opposition from that class...
It's been obvious for a while that the next phase of global monetary madness would be both spectacular and very different from the previous phase.
Occasionally, problems reveal themselves gradually. A water stain on the ceiling is potentially evidence of a much larger problem. Painting over the stain will temporarily relieve the unsightly condition, but in time, the water stain will return.
Give anyone the capability to print money out-of-thin-air, and they will ultimately reach the point where they can't stop themselves from printing. In a world where supply & demand reigns supreme, it's easy to see why counterfeiting always ends ruin.
Fed Will Flood Market With Gargantuan $500 Billion In Liquidity To Avoid Year-End Repo Crisis
The Fed's balance sheet is expanding at a record rate and 'turn' repo rates are soaring (despite endless daily liquidity provisions); so today's FOMC press conference will be fun to see Powell squirm as he desperately avoids any admission that The Fe
Occasionally, problems reveal themselves gradually. A water stain on the ceiling is potentially evidence of a much larger problem. Painting over the stain will temporarily relieve the unsightly condition, but in time, the water stain will return.
Josh Sigurdson talks with author and economic analyst John Sneisen about the recent passing of Paul Volcker, formerly the Chair of the Federal Reserve from 1979 to 1987 as well as the undersecretary of the Treasury.
It looks like the Fed's throwing in the towel and is willing to accept higher consumer prices.
What? You thought a 850+ point drop in the $DJIA would result in a down week? No Sir.
It looks like the Fed's throwing in the towel and is willing to accept higher consumer prices.
Has QE4 begun? The $1.2 trillion per month hole in the repo market.
Moves are aimed at ensuring that the financial system has enough liquidity
As the Federal Reserve remains unable to stoke inflation (because it refuses to measure it correctly) and refuses to factor in asset price inflation...
Josh Sigurdson talks with Tim Picciott of The Liberty Advisor about the Federal Reserve's intention to let "inflation run hot" ahead of the next recession as it becomes increasingly more and more obvious that the Federal Reserve has lost all control
The launch angle of the U.S. stock market over the past decade has been steep and relentless. The S&P 500, after bottoming out at 666 on March 6, 2009, has rocketed up over 370 percent. New highs continue to be reached practically every day.
Some things can't be proven, but they can be observed.
We hope you enjoy Ron Paul's speech from the 2010 Mises Institute Conference at Jekyll Island, Georgia.
So much for the Federal Reserve being an independent institution free of politics. Wait. That's what it is, right?
Fast forward to 2019, when after a decade of unprecedented inequality spurred by the Federal Reserve's policies, which made the rich richer, and the poor and middle classes poorer to the point that just 1% of the US population now owns as much wealth
Earlier today we showed why, according to Saxo Bank's Christopher Dembik, the US will drown in deflation over the next 30 years as the collective forces of demographics, technology, oligopolies and global debt accumulation make higher interest rates
