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System Failure: What’s Coming & Actions You Can Take

This is my most important advice given. Today, I am going to reveal exactly how I have become such an effective communicator. These are the keys to my success and I am freely giving them to you now. If you’ve ever wanted to communicate more effectively, there are some vital lessons here in Episode 81….

System Failure: What’s Coming & Actions You Can Take

by Chris Martenson

Here’s Why I Took Cash Out of The Bank

by Chris Martenson

You might be shocked to learn that “your” money in your bank account is not actually yours. When you place money in a checking, CD, or savings account at the bank, you are actually making an unsecured loan to the bank. This is equally true in the U.S. as it is Canada, Australia, and Europe….

Here’s Why I Took Cash Out of The Bank

by Chris Martenson

Market Update: How Wall Street Is Swindling Us

by Adam Taggart

Stop me if you’ve heard this one before. GDP falls -35%, the worst quarterly drop in the history of the US economy….and the Too Big To Fail banks make record revenues: Got that? Over 50 million Americans have lost their jobs as a result of the economic carnage inflicted by the covid-19 pandemic. And yet…

Market Update: How Wall Street Is Swindling Us

by Adam Taggart

Off The Cuff: The Fed’s ‘Complicated Mess’

PREVIEW

by Adam Taggart

This week Chris sat down with Peak Prosperity’s favorite expert on the Federal Reserve, Axel Merk, to try to make sense of what’s going on with Fed policy.

We’re rushing this podcast to you before the transcript is ready as the situation is so fluid this week. In the 48 hours since the recording of this interview, the Fed has announced it will keep interest rates unchanged for the time being, but will begin a massive increase to its rescue efforts in the repo market, committing to injecting $425 billion over the near future.

That is a truly staggering sum and a clear sign of trouble in the banking system. Most likely, one or more big players are failing and, as a result, banks are becoming increasingly reluctant to lend to one another, even for very short durations.

What does this all portend? Listen on…

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio as well as all of PeakProsperity.com’s other premium content.

Off The Cuff: The Fed’s ‘Complicated Mess’

PREVIEW by Adam Taggart

This week Chris sat down with Peak Prosperity’s favorite expert on the Federal Reserve, Axel Merk, to try to make sense of what’s going on with Fed policy.

What does this all portend? Listen on…

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio as well as all of PeakProsperity.com’s other premium content.

The Federal Reserve Is Directly Monetizing US Debt

by Chris Martenson

The Federal Reserve is now directly monetizing US federal debt.

Sure, it’s not admitting to this. And it’s using several technical jinks and jives to offer a pretense that things are otherwise.

But it’s not terribly difficult to predict what’s going to happen next: the Federal Reserve will drop the secrecy and start buying US debt openly.

At a time, mind you, when US fiscal deficits are exploding and foreign buyers are heading for the exits.

The Federal Reserve Is Directly Monetizing US Debt

by Chris Martenson

The Federal Reserve is now directly monetizing US federal debt.

Sure, it’s not admitting to this. And it’s using several technical jinks and jives to offer a pretense that things are otherwise.

But it’s not terribly difficult to predict what’s going to happen next: the Federal Reserve will drop the secrecy and start buying US debt openly.

At a time, mind you, when US fiscal deficits are exploding and foreign buyers are heading for the exits.

Off The Cuff: Understanding The Trouble With Repo Rates

PREVIEW

by Adam Taggart

In this week’s Off The Cuff podcast, Chris and Wolf Richter discuss:

What is the repo rate?
Why did the rate suddenly skyrocket?
Why a liquidity crisis is so dangerous
Will the Fed really start up QE again?

Something completely unexpected happened this week. Banks started running out of cash reserves. As a result, the cost for them to borrow money overnight — the repo rate — suddenly skyrocketed, taking the banking system and the Federal Reserve by surprise.

While the situation appears under control for now, it is not a good sign nor a healthy one for the financial system.

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio as well as all of PeakProsperity.com’s other premium content.

Off The Cuff: Understanding The Trouble With Repo Rates

PREVIEW by Adam Taggart

In this week’s Off The Cuff podcast, Chris and Wolf Richter discuss:

What is the repo rate?
Why did the rate suddenly skyrocket?
Why a liquidity crisis is so dangerous
Will the Fed really start up QE again?

While the situation appears under control for now, it is not a good sign nor a healthy one for the financial system.

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio as well as all of PeakProsperity.com’s other premium content.

Transcript for David Stockman: Blame The Fed!

by Peak Prosperity Admin

Below is the transcript for the podcast with David Stockman: Blame the Fed! Chris Martenson: Welcome to another PeakProsperity.com podcast. I am your host, of course, Chris Martenson. And today, we are speaking with a particularly interesting guest, Mr. David Stockman — economic policy maker, politician, financier. Mr. Stockman represented Southern Michigan in the US…

Are we in a repeat of the global financial meltdown and recession of 2008-09? The sharp drop in equities is certainly reminiscent of 2008. Indeed, the December decline is the worst in a decade. Or are we entering a different kind of recession, the equivalent of uncharted waters?

And if we are entering a recession, what can central banks and governments do to ease the financial pain and damage? We can’t be sure of much, but we can be relatively confident central banks and states will respond to the cries to “do something.” This poses two questions: what actions can central banks/states take, and will those policies work or will they backfire and make the recession worse?

Is This Downturn A Repeat of 2008?

by charleshughsmith

Off The Cuff: 6-20-2018

PREVIEW

by Adam Taggart

In this week's Off The Cuff podcast, Chris and James Howard Kunstler discuss:

Summary:

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio as well as all of PeakProsperity.com's other premium content.

Off The Cuff: 6-20-2018

PREVIEW by Adam Taggart

In this week's Off The Cuff podcast, Chris and James Howard Kunstler discuss:

Summary:

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio as well as all of PeakProsperity.com's other premium content.