Spreading the truth. Empowering the people.
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Normally, this would be ironic: The Fed doesn’t need to borrow; it creates money when it needs some. So it wouldn’t pay interest. But these are … Read more
by Shaun Richards Yesterday was another poor day for the Forward Guidance provided by central bankers as we note developments in the US and UK. There was a flurry of … Read more
by: Ethan Huff (Natural News) Did you know that the nation’s largest producer of repurposed toilet waste, aka “biosolids,” is owned by an investment group that also maintains a “formal … Read more
from Zero Hedge Say goodbye to the rate hikes. As of this morning, not only are the odds of a rate hike in 2019 zero, but according to the Eurodollar market, … Read more
via CBS NEWS: The Fed’s interest rate hikes are doing more than hitting consumers in the credit cards. They’re also making it much more expensive for the U.S. to carry its … Read more
via CNBC: Currently, fewer than a quarter of student loan borrowers are repaying their principal, or what they originally took out, according to recent remarks made by Education Secretary Betsy … Read more
via MarketWatch: If you have credit-card debt, it just got a little more expensive. The Federal Reserve on Wednesday once again raised its benchmark federal funds rate — having already … Read more
by Michael Snyder The Federal Reserve is responsible for creating the stock market boom that we have witnessed in recent years. Are they now also setting the stage for a stock … Read more
by flyntlarry The Federal Reserve and other central banks around the world are nothing more than (((usury))) scams. They create money out of nothing on computers and allow banks to … Read more
More financial technology startups are wading into a crowded, stodgy business: checking accounts. Last spring, personal finance app Acorns and lending startup SoFi announced new debit cards. “Neobank” Chime has … Read more
via mises: In his speech to the Economic Club of New York on November 28 2018, the Federal Reserve Board Chairman Jerome Powell said that the US central bank’s policy interest … Read more
By Bill Bonner BALTIMORE, MARYLAND – The show went on! And, as we predicted, The Donald claimed victory… and stocks went up. When we left you on Friday, Mr. Trump was … Read more
by Chris Kimble Could interest rates be peaking after moving much higher over the past 5-years? Yes! Joe Friday shares that the yield on the 5-year note, looks like it created … Read more
by Shaun Richards It was not that long ago that many of us “experts” in the interest-rate market felt that negative interest-rates could not be sustained. Back then the past … Read more
by WARREN MOSLER Trade deficit still increasing: Highlights The goods portion of October’s trade deficit is deeper than expected, at $77.2 billion vs expectations for $76.9 billion and compared with … Read more
via Zerohedge: Several weeks ago, when looking at the US budget data for the recently concluded (Sept 30) Fiscal 2018, we noted that the most troubling observation in the latest data (besides … Read more