Below you'll find a list of all posts that have been tagged as “Federal Reserve System”
Despite the government’s ‘advice’ to young debt-laden students, thetragedy of the American farmer continues with worryingly pessimistic views on the future of the industry. With farmland prices falling for the first time in almost 30 years, credit conditions are weakening dramatically and the Kansas City Fed warns that persistently low crop prices and high input costs reduced profit margins and increased concerns about future …
In the wake of Wednesday’s announcement that five global financial institutions have agreed to plead guilty to multiple crimes and pay about $5.6 billion in penalties for manipulating foreign currencies and interest rates, corporate watchdogs are reiterating the call to ‘break up the banks’ in light of their ongoing malfeasance. As with other recent settlements, Wednesday’s news provides further evidence to …
Federal Reserve officials will probably cut their forecasts for economic growth when they gather again next month, though not enough to deter their intent to raise interest rates later this year. The median respondent to a survey of 79 economists conducted by Bloomberg from May 8 to May 13 said U.S. gross domestic product would grow 2.3 percent in the final quarter of 2015 …
Is it any wonder that fewer people these days are willing to trust the US federal government or their American leader President Obama? The citizen furor over the highly controversial Jade Helm 15 military operationscheduled for two months this summer (July 15-September 15) in all four US Border States with Mexico plus Utah and Nevada is well grounded. Despite mainstream media …
That didn’t take long did it? I of course am speaking of the second overnight and global meltdown of the credit markets …in the last four business days! Before getting into this topic which I believe will soon be seen in retrospect and by historians far into the future as “THE” trigger event. Just as we saw last Wed. …
Senator Richard Shelby, Chair of the Senate Banking Committee, is set to release details of his proposed financial reform legislation today which Wall Street hopes will have so much smoke and mirrors to appease the liberal and conservative factions on the Committee that no one will notice that it’s another big sellout to Wall Street. The bill will hold out …
The big global banks have begun to warn clients that the blistering rally in oil and industrial commodities in recent weeks has run far ahead of economic reality, raising the risk of a fresh slump in prices over the summer. Barclays, Morgan Stanley and Deutsche Bank have all issued reports advising investors to tread carefully as energy and base metals …
The instability of the global financial system and the potential for another crash have been underscored by a major sell-off of government bonds this week. Yesterday saw European markets display levels of volatility not seen since the euro zone debt crisis turmoil of three years ago. In the course of the day, the yield on the German 10-year government bond, …
The Cop Is On the Take Government corruption has become rampant: Senior SEC employees spent up to 8 hours a day surfing porn sites instead of cracking down on financial crimes Nuclear Regulatory Commission workers watch porn instead of cracking down on unsafe conditions at nuclear plants An EPA employee who downloaded 7,000 porn files, then spent 2-6 hours each workdaywatching porn. He’s been doing it …
This article was produced by the Institute for Local Self-Reliance, as part of itsCommunity-Scaled Economy Initiative, which produces research and partners with a range of allies to implement public policies that curb economic consolidation and strengthen locally owned enterprise. Here’s a statistic that ought to alarm anyone interested in rebuilding local economies and redirecting the flow of capital away from …
