Showing 1165 Results for Federal Reserve
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Showing 1165 Results for Federal Reserve
Search instead for Federal Reserve
December 13, 2017
COMMENT: Marty, I was looking at the Global Warming Chart, at the red line and saying to myself, “That look awfully familiar.” Then I got it. Note how the red line drops down from 1907 to almost 1913, gets a WWI bump and then rises steadily to about 1938. Then it really goes […]
October 5, 2017
QUESTION: Do you really think Trump would let the Central Banks Default? He said we would write off PoteRicos debt maybe he plans to write everything off can he do that? If this really did happen wouldn’t the dollar be worthless? S ANSWER: It seems as though far too many people ASSUME that all central […]
May 2, 2017
QUESTION: Why do you support the fed in what you call elastic money and not a gold standard? ANSWER: As usual, you listen to the nonsense about how the Fed is owned by the banks and is responsible for probably everything evil from creating wars to probably killing JFK. The entire use of “elastic money” […]
September 10, 2016
QUESTION: Why are there so many Fed branches? It seems this is another way for government just to create jobs and pensions. ANSWER:I wrote several times that the original design of the Federal Reserve would have been a good, stabilizing entity for the economy had the politicians left it alone. At first, to ease […]
April 8, 2016
The Federal Reserve has called an expedited closed meeting of the board of governors on Monday, April 11, 2016, at 11:30 AM.
November 16, 2015
QUESTION: In your Nov. 15 blog you said about the Fed “ I do not think in its present form it should be owned by banks collecting 6%. I would advocate a public float as is the case in Switzerland. Can you explain what that means, and how that works. Thank you I sincerely hope you continue […]
November 13, 2015
QUESTION: the big question: WHY do USA still have the FED (a private company) dictating the USA economy????????? MK ANSWER: Very simple. The Fed was originally a private bailout entity to replace J.P. Morgan and what he did during the panic of 1907. Stimulation occurred through buying corporate paper. When WWI came, Congress ordered the Fed […]
July 15, 2015
When the Great Depression began, over 8,000 commercial banks belonged to the Federal Reserve System, but nearly 16,000 did not. There were still state banks that were not members. Those non-member banks operated in an environment similar to what existed before the Federal Reserve was first, established back in 1914. People criticize the Federal Reserve […]
April 20, 2015
Paul Volcker Former Fed Chairman The entire theory of how to manage an economy via the rise and fall of the money supply being the sole cause of inflation or deflation was discredited post-1971 with the birth of the Floating Exchange Rate System. Unbeknownst to the vast majority, the entire accounting system of trade had been […]
April 19, 2015
FDR’ Speech on the Banking Crisis March 12, 1933 Roosevelt established the Federal Deposit Insurance Corporation (FDIC) in 1933, assuring people it was safer to keep their money in a reopened bank than under the mattress. Then on August 23, 1935, Congress approved legislation that had a major impact on the Federal Reserve Banks, […]