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Jack Rasmus – Today’s Global Financial Faultlines

In the past year the stock markets in China erupted, contracting by nearly 50% in just three months, after having risen in the preceding year by 130%–truly a ‘bubble event’. That collapse, commencing in June 2015, continues despite efforts to stabilize it. Chinese bankers then injected directly $400 billion to stem the decline. Including other government and private sources, estimates …

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It’s Our Money with Ellen Brown – The Centrality of Central Banks – 08.19.15

“No flow, no go.” That may be the simplest way to describe the critical role of central banks to the flow of credit and money into any monetary system. It was the lack of access to cash and bank liquidity that humbled Greece, Detroit and others. Ellen speaks with Dr. Timothy Canova, one of the foremost experts on our central bank, the Federal Reserve, about why their operation of our cash spigot determines who wins and who loses. Co-host Walt McRee speaks with Gwen Hallsmith about a newly published handbook focusing on new ways to invest in local economies and Matt Stannard reviews the Fed from a visionary point of view – what could be accomplished if the Fed worked for the public interest?

Five dollar airplane on a financial report

The Federal Reserve’s “Financial Airplane”. The Fed’s Economic “Assumptions”, “Falsified Data to Portray Growth”

After last week’s air tragedy, maybe a poor thought process but please stay with me.  Would you ever get on an airplane if there was no pilot?  Would you be confident of reaching your destination safely?  Of course not.  Whether you know it or not, you are living in an economic and financial “airplane” with Chairwoman of the Federal Reserve Janet Yellen …