The Federal Reserve's pandemic-era policies have dramatically increased wealth inequality, enriching the top 1% to $45 trillion through extensive money printing and financial market support.
The Federal Reserve reports an historic operating loss of $114 billion, the third largest bankruptcy event in U.S. history.
The U.S. Treasury's accelerated debt issuance, reaching staggering levels reminiscent of the pandemic, signals a looming fiscal crisis.
The commercial real estate sector, destabilized by the Federal Reserve's fluctuating interest rates and ensuing loan defaults, is posing a grave threat to the U.S. banking system.
There is zero change we'll have durable deflation. Because the Fed will soak it up and then some. In fact, China's doing this as we speak, printing hand over fist to soak up its over-capacity-driven deflation.
Fresh GDP numbers came in and it was a blowout. The kind of blowout that only a $2.7 trillion government deficit can buy while the private economy crumbles around it.
After months of mainstream victory laps – including Paul Krugman's famous "inflation is over. We won at at very little cost" – it turns out inflation's not dead after all. It's not even resting.
The Federal Reserve's pandemic-era policies have dramatically increased wealth inequality, enriching the top 1% to $45 trillion through extensive money printing and financial market support.
The Federal Reserve reports an historic operating loss of $114 billion, the third largest bankruptcy event in U.S. history.
The U.S. Treasury's accelerated debt issuance, reaching staggering levels reminiscent of the pandemic, signals a looming fiscal crisis.
The commercial real estate sector, destabilized by the Federal Reserve's fluctuating interest rates and ensuing loan defaults, is posing a grave threat to the U.S. banking system.
There is zero change we'll have durable deflation. Because the Fed will soak it up and then some. In fact, China's doing this as we speak, printing hand over fist to soak up its over-capacity-driven deflation.
Fresh GDP numbers came in and it was a blowout. The kind of blowout that only a $2.7 trillion government deficit can buy while the private economy crumbles around it.
After months of mainstream victory laps – including Paul Krugman's famous "inflation is over. We won at at very little cost" – it turns out inflation's not dead after all. It's not even resting.
n sheer dollars, it rivals the military industrial complex, and second only to central banking. Trillions frittered away on green billionaires and their army of useful idiots who glue themselves to highways.
In a dramatic pivot, central banks worldwide are following the Federal Reserve's lead in shifting from rate hikes to anticipated rate cuts, a move that has taken financial analysts and economists by surprise.
In the grand scheme of history, we've only just begun to unravel our civilization. I'd date the start to the Progressive era a century ago, when totalitarian socialism gained the upper hand by making a devil's bargain with liberal democracy: give us control and we will let you sit on the throne.
