Watch John B. Taylor Stumble When Asked About The Gold Standard
Watch John Taylor stumble on the question of gold in a Q&A session, even if he has had plenty to say about it in his own writing…
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Say What? Mnuchin Says The Treasury Has Nothing To Do With Basel III
The Office of the Comptroller Of The Currency was part of the Treasury Department last we checked. But it’s even worse when you dive into his statement…
Continue readingTrader: China WILL NOT Make ANY Fiscal Or Monetary Changes Until After October 18th
Trader says Xi will not risk any embarrassment with the world watching as the Communist Party Congress convenes. Here’s why…
Continue readingUniversal Basic Income Push From IMF To Even GIVE ROBOTS FREE CURRENCY
The IMF want all countries, rich and poor, to whip up some cash and give it to all (even to robots). Seriously. Here’s what they want to do. If it […]
Continue readingBanking Preview of Today’s “Historic” FOMC Meeting
While there is no guarantee of where rates, balance sheets, or statistical manipulation will be headed, one thing is for certain: The Fed will make history! Here’s a round-up preview […]
Continue readingMYTHS OF THE RECOVERY Explain Why Americans Are Worse Off
The problems are not just cyclical. They’re structural. Understanding the “recovery” myths is the key to understanding why most people are more economically worse off than before…
Continue readingJim Rickards: ANY Monetary Policy Trump Wants As He “Owns the Fed”
Rickards says uncertainty will hover over the markets for many months. This is directly related to the Fed because of what Jim refers to as the most momentous period for the Fed, EVER. […]
Continue readingGoldman Fed-Head Hope Fade: “Hated” Gary Cohn May Even Be Out Of Trump Admin
The former Goldman Sachs COO turned Chief Economic Advisor may be on his way out, because once the chatter starts, as we have seen over and over again, it is only a […]
Continue readingUS Bank In Serious Trouble: Fed Taking IMMEDIATE ENFORCEMENT ACTION
This may be the start of something bigger. Just last week we posted Fed President Kashkari’s Pep Talk to small community banks. Wow have things changed in just one week…
Continue readingIt’s All Good!
Things couldn’t be better in our blissful economic utopia. I mean, for crying out loud, look at the stock market! It goes UP every day!! Things must be better than […]
Continue readingPUNT THE BERNANK!
In the wake of the European melt-down in progress thanks to the botched Russian bank heist in Cyprus, the Fed will likely not to be able to afford the luxury […]
Continue readingWatch Ben Bernanke Spew Propaganda on Economic Recovery to UMich Students LIVE at 4pm EST
The Propagandist in Chief (aka Federal Reserve Chairman Ben Bernanke) is scheduled to give a lecture at the University of Michigan’s Gerald School of Public Policy at 4pm EST today […]
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