Below you'll find a list of all posts that have been tagged as “Federal Reserve System”
Remember when the Department of Homeland Security was issuing those color-coded terrorist alerts? Well, they don’t do that anymore. They’re back to using plain ole black-and-white words to describe threats. Apparently, however, the U.S. Treasury’s Office of Financial Research (OFR) thought it was such a cool idea that they’ve started color-coding threats to our financial security from the denizens on Wall …
Ed Kane, a professor of finance at Boston College and grantee at the Institute for New Economic Thinking [3], studies the dangerous risk-taking of giant banks. He sees the cultures of Wall Street and regulators coming together to turn taxpayers into victims of theft and great harm. Like extreme drunk drivers before MADD or smokers on airplanes prior to the 1980s ban, …
We used data from the Census Bureau, which has two catch-all categories: “managers not elsewhere classified” and “salespersons not elsewhere classified.” Because those categories are broad and vague to the point of meaninglessness, we excluded them from our map. Self-Driving Trucks Will Hit Us Like Ton of Bricks Please consider Self-Driving Trucks Are Going to Hit Us Like a Human-Driven Truck. …
Bigger is not always better. As Wall Street banks and big box stores such as Walmart have shown, bigger is often worse. The list of industries that have consolidated into national and global cartels is long and growing, and so is their collateral damage. In general, this trend – accelerated by trade agreements such as the proposed Trans-Pacific Partnership – …
Live by central bank liquidity; die by central bank liquidity. That could well become the mantra for a bond market that, after years of support by the Federal Reserve and its global counterparts, now finds itself suffering under the unintended consequences of the trillions in easing distributed to allay the fears of a market in crisis. “Liquidity,” in fact, is the word …
Each step forward by the Chinese to make a foothold for the yuan is one step backwards for the grip the dollar has held over the globe. This topic has several nuances to it, let’s take a look from several vantage points. As a spoiler, any “steps back” in today’s fiat currency world are steps toward a break in confidence. Call it deflation …
Ever since the housing crash of 2008 and the stock market crash that followed, there has been an undeniable trend in our economy. As soon as the Fed began its quantitative easing program, the stock market started to recover. The more cash they dumped into the economy, the higher NASDAQ would soar. To the central planners in Washington, this was a recovery, …
Billionaire Peter Peterson is spending lots of money to get people to worry about the debt and deficits rather than focus on the issues that will affect their lives. National Public Radio is doing its part to try to promote Peterson’s cause with a Morning Edition piece [2] that began by telling people that the next president “will have to wrestle with the …
The title is of course a little misleading because China has many options, none of which except one in my opinion will actually work. Options to what exactly you ask? Options to a collapsing global economy and an imploding financial system which will surely affect China as much as anywhere else, but with one caveat. I take these events as a …
The world economy is disturbingly close to stall speed. The United Nationshas cut its global growth forecast for this year to 2.8pc, the latest of the multinational bodies to retreat. We are not yet in the danger zone but this pace is only slightly above the 2.5pc rate that used to be regarded as a recession for the international system as …
