The expedited meeting at the Fed unnerved many. While no economic policy change should be expected before the December 15-16 meeting, the Fed is clearly not in the camp of negative interest rates. They are looking to raise rates to aid pension funds and you cannot lower rates to “stimulate” the economy (although that never […]

Reuters has reported that Yellen told a House of Representatives committee when testifying before Congress: “Potentially anything – including negative interest rates – would be on the table. But we would have to study carefully how they would work here in the U.S. context.” Yellen may have been placating Congress, for negative rates would wipe out the […]

Yellen has inherited a complete nightmare. Thursday’s decision to delay the long-awaited liftoff from a zero interest rate illustrates that the world economy is totally screwed. There is a lot of speculation about why the Fed seems so reluctant to “normalize monetary policy”. There are, of course, the typical domestic issues of low inflation and weak wage gains […]

Global central bankers led by Federal Reserve Chair Janet Yellen gathered in Jackson Hole for their annual Marxist Festival. Of course, those in government are just way too dangerous because whatever they see never involves them as a cause of any problem. It is impossible to see how to engage the economy when you eliminate […]

The anxiety over the budget deadlock in Washington continues to rise driving world shares down for a third day on Wednesday, though the expected nomination of Janet Yellen to head the U.S. Federal Reserve has lifted the dollar. The crisis is really that the Democrats see this as the opportunity to screw everyone while blaming […]

Obama’s replacement for Ben Bernanke as Chairman of the US Federal Reserve has been narrowed down to a two-horse race, between Larry Summers and Janet Yellen. Summers was Obama’s chief economic adviser in the aftermath of the sub-prime crisis and Treasury Secretary under President Clinton from 1999-2001. Janet Yellen is a former President of the Federal Reserve […]

Biden finally admits the so-called "Inflation Reduction Act" was never about reducing inflation pic.twitter.com/9V7u0FJxnV — Trump War Room (@TrumpWarRoom) September 5, 2024   PSA:  Joe Biden is still the president of the United States. Biden has been hiding on a beach in Delaware ever since his disastrous debate with Donald Trump that hard-launched Kamala Harris […]

Now all we hear is how banks are suddenly investing in things like BITCOIN. The propaganda is just stunning, for it has once again proven that Julius Caesar was right more than 2000 years ago, and nothing has ever changed. Things like BITCOIN are a religion, and that is the problem. It would be best […]

Kamala has a plan to conquer inflation – increase government spending and raise taxes! She has been avoiding the topic in recent speeches, but her past comments can give us some insight. Before the government passed the Inflation Reduction Act, the largest government spending package in our nation’s history, Harris praised the Build Back Better […]

Brazilian President Luiz Inácio Lula da Silva is backing a global coalition along with the G20 nations to implement a global wealth tax. Lula believes there must be a 2% minimum tax on wealthiest 3,000 individuals, worldwide, in order to redirect those funds into climate change initatives. Finance ministers believe this could raise up to […]