A Hot Mess
You wouldn’t know it from the ever-rising stock ““market””, but something is really wrong beneath the surface of the financial system. The Fed is lying about it, too. So is
Living On Borrowed Time
A full decade and some $14 Trillion in newly-printed money later, plus the cheapest interest rates in recorded history, and yet the central banks have not been able to restore
The Phantom Mania
Well, stocks are back at all-time highs. Ignited by the Fed’s “Not-QE” program and endless Trump administration teases of an “imminent” China deal, the S&P 500 has been propelled above
The Federal Reserve Is Directly Monetizing US Debt
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
The Fed Is Lying To Us
The recent statements from the Federal Reserve and the other major world central banks (the ECB, BoJ, BoE and PBoC) are alarming because their actions are completely out of alignment
