Bond Markets Do Not Rule – Governments Do
A reminder that the bogeyman of bond vigilantes, as in investor/capitalist dominance, is overdone.
Read more...Category Archives: Federal Reserve
Trump Floats Idea of Declaring Housing Emergency: Another Self-Sabotage Operation?
Quelle surprise! The Scott Bessent announcement of a possible Trump housing emergency made it sound like a stunt, not a plan.
Read more...James Galbraith: Crash in Top Economist Hiring Contradicts Elite-Favoring “Skill Biased Technical Change” Theory
Contrary to some economists’models, salaries aren’t constantly reset based on skills or technology. They follow the economy and politics.
Read more...Fed Governor Lisa Cook v. Trump: “That Mortgage Document Doesn’t Say What You Think It Says”
More on the holes in the Trump allegations that Fed governor Lisa Cook committed mortgage fraud.
Read more...Trump’s Impact on the Financial Sector and Global Dollar System
A wide-ranging review of how unccordinated Trump policies undermine the dollar and the international banking system, and even each other.
Read more...The President’s “Firing” of Lisa Cook Is Illegal
Georgetown law professor Adam Levitin eviscerates the purported Trump case for removal of Federal Reserve governor Lisa Cook.
Read more...The New Currency War: US Stablecoin-China Digital Yuan Rivalry as a Test of Monetary Discipline
How the US stablecoin/digital yuan arms race creates instability risks and undermines monetary sovereignity around the world.
Read more...Powell Tap Dances on Interest Rate Outlook as Stagflation Starts to Kick In
Powell threw Mr. Market and Trump a bone by hinting the Fed might cut rates in Sept. But the Fed lacks good options with stagflation looming
Read more...What Is Happening to the Dollar as a Safe Haven?
Why the speed of the dollar’s demise seems to be a tad over-anticipated.
Read more...Federal Reserve, Using Non-Compliant Accounting, Hides Over $100 Billion a Year of Losses and Resulting Negative Equity, Due to Illegal Bank Subsidies
A former Fed economist explains in detail how the central bank has been using dodgy accounting to hide losses from impermissible subsidies
Read more...As Tariffs Bite and Jobs Stall, New Interactive Tool Tracks How Much Trump and GOP Are Raising the Cost of Living
As Trump’s new tariffs are about to squeeze American wallets even harder, a new tool helps keep track of the damage.
Read more...The Post-Pandemic Disinflation: Low Sacrifice, High Prices
Central banks in advanced nations really do believe they did a masterful job of managing the post-Covid inflation. This article explains why
Read more...Fed’s Rates Not Restrictive for Markets. Financial Conditions Ultra-Loose. Manias Form, Margin Debt Blows Out, Junk Bonds Party in La-La-Land
Despite the Fed depicting its current rate policy as restrictive, manic pricing in many financial markets says otherwise.
Read more...Trump’s Self-Destructive Fight with the Fed for Low Interest Rates: His “Fiscal Dominance” Game of Chicken
Trump is fighting another war he can’t win: trying to use interest rates to counter the inflation created by his yawning fiscal deficits.
Read more...Trump Makes Presumed Empty but Loud Threat to Fire Fed Chair Powell, Showing that Trump Will Continue to Wreck Markets and the Economy to Prove His Manhood
Trump is now taking on Fed chair Powell over Powell’s refusal to cut rates to bail Trump out of the economic messes he created.
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